A Possible Elliott Wave Path back to the Bitcoin All Time High

9 Nis 2019

Bitcoin is likely in a new bull market. I am expecting this impulse wave to test $6000 as resistance in Wave 1. Wave 2 should retrace a good portion of the gain since $3300 in February. Wave 3 should break $6000 after one more retest of $60000 as resistance. I'm then expecting a move back to $6000 as support. $10000 will provide some resistance. Eventually Bitcoin will test $20000 resistance, retrace in a cup, then blow right past $20,000 in latter 2021 about ten times over the cup to about $200,000 in another parabolic blow off top.