SUMMARY
Bitcoin has bounced and is either complete with wave iv or will be very soon. This leaves the final wave v down and it would likely occur during overnight price action. The key for me is always counting the subwaves to determine which wave is being complete and which are still pending. If the wave v down is accurate, then subwaves will guide the precision casting of a buy entry ladder. The larger Head & Shoulders is likely off the table as price has gone lower such that the Neck Line would not qualify. So, I'm of the mind that this is a HEALTHY CORRECTION! I don't believe BTC will fall to $6k or $4k as others are saying. The earlier post of an expanded flat fractal is my leading and primary count!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**