Looking at BTC on shorter timeframes right now.



If we see a clean push past wave-(3), that's basically confirmation wave-(5) is already in motion and heading up. Though honestly? I'd feel better if wave-(4) developed into something more layered—wave-(2) was pretty shallow, so a deeper correction here would make more sense structurally.

Keep an eye on how this correction plays out before the next leg.
BTC-2.01%
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DegenRecoveryGroupvip
· 12-04 02:52
This Elliott Wave Theory stuff really depends on how each step unfolds... It would feel much better if Wave 4 could develop a bit more depth here.
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NftDeepBreathervip
· 12-04 02:52
If wave-4 could have a deeper pullback, that would be ideal. This logic of shallow dips following shallow dips doesn’t really make sense.
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