BITCOIN ELLIOTT WAVE ANALYSIS

Here we are again another month another BTC video.
Bullish as ever and a clean impulse off of the recent low whats not to like?

TIME STAMPS:
Intro and patreon 0:00
Long term cycle and expectations 2:55
Short time frame Elliott wave count 8:00

Legal Disclaimer: All views, opinions and ideas expressed in this video are that of the maker and do not constitute financial/trading advice. Do not make a trading/Investing decision based on the information in this video. Trading and investing in financial markets/assets carry significant risk and should be undertaken with great care and consideration.

[greenstartrading]

Well the short term count in this video invalidated and I was wrong about not going lower than 53k.
I have adopted an alternate count as primary now, it's one I had already shared with my patrons.
It appears the 5 wave move off of the 53k low was infact a C wave of a larger B wave within this whole sideways broader corrective structure.
This in Elliott wave is a very low probability outcome but as this proves probability is not the same as possibility and caught me out this time.
Keep an eye for bullish lows in the indicators and pay attention to greed and fear index the bears always get very excited at lows.

[mister__fish]

Thanks for the video. Bearish option it is 😅 Unless we can get this dump to be a completed wxy for a wave 4 or another wave 2.

[munteanugabriel]

Now you have to come back to us bears as the 53.5k mark has been passed. I think retracement further down is yet to come as stock markets are doing the same. Cheers!

[artistrading]

Video update please!!! what is the projection? thanks!!

[infernosfmatt]

Thanks Tom. fantastic work as always :) we appreciate it

[birdnest]

Was thinking yesterday about you! You came as an you heard my calls thanks alot sir !🎯🔮

[TheHeee]

i guess we are going lower...that 0.382 at 51.6k is indeed a good level to be tapped for a bullish continuation.

[ctrlaltkys]

Gold and silver updates? Oil or copper? 10 yr treasuries?

[AlphaHarbinger]

Thanks Tom! I always enjoy seeing your #Bitcoin TA. Many EW #traders get stuck in overanalysis and overfitting, resulting in losses, which makes EW unsuitable for me. But, your work shows that EW is powerful for those who #invest the time to learn it. Great work, my friend!

[nathanbrading]

I guess we need some bear counts. BTC just hit 50k haha. Never be too sure in this market!

[FUNNY_MONEY__]

I don't think anything changed despite the dramatic selloff after this video.
I wonder about your 3 of 3 of 3 of stuff.
Could you draw that in your next video?

[yahyaadinugraha]

Now, I can handle 100 bearish count tom.

[TheRealAlexAsher]

I think you owe us some bearish count videos :)

[macrotrade]

I find that interesting that not many people talk about the cycles but many keep saying trend is your friend until the end.

[balanbalan]

Versidium is a solid investment. Expecting great returns by the end of the cycle!

[shivakorn]

Have you considered the fact that the big players entering into the market generally buy dirt cheap assets. So won’t there be a short correction first and then a pull back moving to the next season

[methodman]

The impulse off the 53k low could just be the C wave of a flat before making further lows. Check the GBTC chart too - it's very close to making a new low so I think theres a strong chance that lower is coming

[syedmubarak]

The key move is to get in early, with Versidium you can do that

[sis--a-adityavalecha]

Just bought VRS tokens. This project is going to be huge!

[miguelcorona]

to me is clear that at least tapping 63000 fora short term long from 58500 to 63000