I think BTC is showing us one of the most common wave 4 patterns, an Elliot Wave Triangle.

As shown in one of my previous posts, BTC is right on track to a new bull market. Once wave e of 4 is complete, we should see the next leg up. My target for wave e is $9000. This count is invalid if the wave c low is breached ($8620).

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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