SUMMARY
Bitcoin (BTC) overnight price has recovered a bit and a bullish scenario would look like the below chart. The Elliott Wave 1,2,3,4,5 could have started for the higher degree wave 5.
However, the upward wedgey nature of the pattern still points to a maybe larger scale abc (red) correction for wave 4. IF this is the case, then perhaps one more incremental rise could bring the price closer to the apex and wave c could onset. The video has lots more details!
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