BTC: update elliot wave counts

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·@technicalanthony·
0.000 HBD
BTC: update elliot wave counts
Bullish count 1:

This count is bullish within the next few weeks and suggests that this current down trend is only a correction period. Here is the supporting chart which indicates that we have completed wave A and will soon be entering wave B to likely retest the the belly (bottom) of the channel. From there we will likely retest the LONG TERM trend line from January and April
BULLISH: -8K
![www.tradingview.png](https://cdn.steemitimages.com/DQmZX3Q6kBu9CijnT4bg4JhfacsXx3Wo27RzHziozPtHKcG/www.tradingview.png).

This count is validated with a break below the trend line and 7K, in which supports will be found at 6.5 and 6K roughly
BEARISH: 

![www.tradingview.png](https://cdn.steemitimages.com/DQmYGFCzavosNBM3eg417C5b75GeE3z2KcUeoWYK63EtY89/www.tradingview.png)
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