#BTC in a complex correction (wave IV) of some degrees.

DURATION in Elliott Waves theory is a complex subject with many different studies that sometimes look over complicated to me. Wave (iv) seems a little too short there in my opinion and we've also got the weekend coming ahead but this not my major assumption.

MAJOR ASSUMPTION: The 23.6% retracement level wasn't reached, then I assume that the move isn't over and therefore we are probably in a more complex figure than I initially thought.

🔹WXY = With W being a running Flat (In that case the 23.6% could be reach)

or

🔹Running Triangle = ABCDE (A triangle doesn't have to reach the 23.6% target)