1/2 $BTC #Elliott wave analysis on 10 year #supercycle:
0-I: 1st impulse wave <- 2012-2013
I-II: 1st correction wave <- 2014
II-III: 2nd impulse wave <- 2015-2017
III-IV: 2nd correction wave <- 2018
IV-V: 3rd impulse wave <- 2019-2021

#Bitcoin #BTC

2/2 The Elliott conditions hold:
+ Each 2-year #bullcycle impulse wave qualifies as a smaller Elliott impulse wave itself (1-5)
+ Each 1-year pullback qualifies as a Elliott correction wave (ABC)

Targets wave 4-5 in 2021:
+ 211k @ 2.272 exp. fib.
+ 127k @ 2 exp. fib.

#Bitcoin

Observations for $BTC:
+ We are in a bullcycle;
+ Blue 3-4 countertrend wave qualifies as an Elliott correction wave already (White ABC);

Triangle:
+ Target to upside ~51k;
- Target to downside ~21k;

Key level to watch: 30k.