BTCUSD Elliott Wave Analysis

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BTCUSD Elliott Wave AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDAdamIdris2On the daily chart, we can see the all-time high, which we consider major wave 3. Assuming that major wave 4 has been completed with a complex wave WXY, we can confirm its completion by observing whether wave x (the resistance 2 level) taken out. The current wave up is possible, and it tries to complete wave iii near the Fibonacci 1.618. Disclaimer: This analysis is only for education purposes. It is not recommended to buy or sell based on this analysis.