Elliott wave Bitcoin analysis 24.01.2023

BTCUSD is forming the last impulse wave C, which is part of the zigzag (W). Wave C consists of sub-waves [1]-[2]-[3]-[4]-[5], where the first four parts have been completed. Now the final impulse sub-wave [5] is being formed, for the completion of which only the last part, sub-wave (5) is required. Shortly the price will rise to the level of 24040.00, where impulses [3] and [5] will be equal.

Trading plan for BTCUSD today:

Buy 23038.86,

Take profit: 24040.00.

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