I've seen some charts depicting the move from basically zero to 20K as a five wave move. Looking at price in log scale can deceive. In linear however, that count doesn't look so good anymore. The chart is shown in log, but counted in linear scale. Thus, the true count is shown, and in my opinion, we've only seen a 1-2 and 1-2 of a minor degree of the third. Therefore, I'll be expecting a fresh set of trad-third wave impulses to be upon us through 2020. The target seems ludicrous, but so did 20K. IF we're in three of three, expect a ride never to be forgotten.
For the BTC bears, good luck.
Note, this post is purely speculative and should not be considered as advice to buy, or sell for that matter.
For the BTC bears, good luck.
Note, this post is purely speculative and should not be considered as advice to buy, or sell for that matter.