From the Bottom at $3000 you can count 5 waves up, after 5 waves up we can expect 3 waves down.
What is concerning is the bearish ending diagonal in the form of ABCDE pointing upwards, making a very bearish sign. Prices made a bearish wick and that support could take us to a new high, but at the end of the day everything leads us to a selloff, will it happen now before the fork?
BTC loves to trick people out, so let's see how it plays.
What is concerning is the bearish ending diagonal in the form of ABCDE pointing upwards, making a very bearish sign. Prices made a bearish wick and that support could take us to a new high, but at the end of the day everything leads us to a selloff, will it happen now before the fork?
BTC loves to trick people out, so let's see how it plays.