By Wyckoff analysis, we had no volume and it was clear we were about to shake market to destroy bullish confidence and open space for institutional positioning. You can read the previous analysis for yourself (PART 3).
By Elliot, if we don't cross bullish limit, as much we go down, as much violent gonna be the wave 3 short squeeze and price spread.
By Gann, we are about to enter on great positive cycles for private money and BTC historical rallys. Also great negative cycles, as fiat inflation and political crises.
By Elliot, if we don't cross bullish limit, as much we go down, as much violent gonna be the wave 3 short squeeze and price spread.
By Gann, we are about to enter on great positive cycles for private money and BTC historical rallys. Also great negative cycles, as fiat inflation and political crises.
Comment:
Looks like III.2 a bear trap.
