Bitcoin - Do or die Zone ! Preparing to fly !!!

As stated in my previous post, this should be the last Opportunity to buy at a low price before we see a very significant rise here going easily above 14K !

We're having a 3 waves correction here, with wave (b) playing out as a triangle, which means we are seeing the last move lower playing out as an Ending Diagonal!
Know that when such diagonals come to an end, we see a very sharp reversal, so, prepare your buy orders or you'll miss out on this.


As long as we remain above 7300, bullish bias remains intact.
If we go below invalidation level, we might need to consider the bigger correction as a potential triple combination. (I will make another update in that case)


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The Elliott Wave Theory is Deadly sometimes. It has helped me nail every turn in crypto markets, from the top at 20K to the Bottom at 3.5K. (just check my previous posts)
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I make updates everyday there !

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Comment:

We reached 7800 as expected.
For bulls to take over, we should not go any lower now.

If we do go below 7K, I believe this will turn even more participants bearish giving then an even better rally to the upside.