Bitcoin has broken out of wave C of the triangle corrective channel and heading higher in wave D.

Two days ago, I’m bearish on Bitcoin and I’m bullish now due to the recent price action formation. Am I missing out on the rally? 

NO! Because as an Elliotician, I need to see a five-wave sequence to the upside to identify that the trend is now bullish .

After which I will be looking for a three-wave move in the opposite direction to join the buyers.

I don’t have to buy the bottom and I don’t need to sell the top, I just have to enter the market at the right time when the odds of winning are in my favor.

What’s your view on Bitcoin? Let me know the comment.