It looks like we are looking for an ABC correction here soon. I think we have finished the 5th wave of the last phase. I'm sure other Elliot Wave guys will disagree and get upset at me for that, but I don't see much to make me believe its ongoing. The volume has been too low for too long, the overall crypto market cap is down quite a ways... when money starts to flow back toward BTC, it will probably do so violently.
I'm praying for another dip to get back back in, but everything I've been seeing looks like this will be the case.
blessmywork
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@philrego, For the record, I think there will be a dip after Point C. Probably near the 13K+ resistance pts before we see the upward pressure really start to drive it...
philrego
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@nukenowakowski, ah I'm looking for sub 11k I'm probably going to pull the trigger soon
blessmywork
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After checking on the Fib Arc's... I've drawn what is probably a bit better corrective wave.
alroudan
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i hope u got it right
blessmywork
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@alroudan, Well nobody is right 100% of the time. I'd like to think I do ok though.