Bitcoin update August 5th, 2021

Обновлено
Interesting to see how the 2.618 length based on the blue circles, the second red A wave's size places it just under old ATH...
You also may notice that it just bounced off the same .618 retrace level that I'm using to define that potential price move.

However, the length does not work in tune to my old post tagged below, as the "size" of the A wave starting after may 19th actually finishes around 44,900, placing the 2.618 higher than 64,000.
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In my previous post, I drew on the Bittrex exchange, as it actually goes back much further in the past for btc data
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purple ABC should be red lol
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my Bollinger bands paired with RSI, Ichimoku means if we break BELOW 40,618 then this is a throw over before a 15,000$ drop!!!
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so wave 5? or done? it bounced on w 1
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Purple wave 5 complete
Chart PatternsCryptocurrencyElliott Wavelong-termVolatility

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