Wave 3 is still alive.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We all know market makers and whales are playing with us during these low volume plays.

The Market Manipulation if they are planning to go bullish

  • Purposefully ambiguous wave 1. Virtually no standard pullbacks. Make people wonder is this corrective or impulsive?
    -this ambiguity leads to people incorrectly thinking the fall from 11.6k to 9.3k was a wave 4 and the rise back up to the neckline being wave 5.

    - dump from double top creates panic. There is no subdivision leading up to the binance hack, which means all of that is 1 of 5 down.

    -this means that first bounce was ACTUALLY wave 4 of 5 down (corrective up)
    -the all out dump after the SEC/GOX/HACK news blinded everyone to the possibility to a truncated wave 5 of 5 of C.

    - Elliott count on larger wave 3 NOT BROKEN

Comment: Yes, i expect 3 of 5 all the way to the neck line. FOMO will be real after 10.4k/10.5k
Does this mean we're still in "2"?
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