Investors, who would like to jump on the bitcoin wagon might soon get another opportunity at much better entry levels than currently offered by the market.
@KetutMudana, I believe this is the scenario if the SEC does not approve the Bitcoin ETF. On the other hand, if it does, wave (v) might extend to the upside right away. Thank you for your comment.
01sasa10
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@AlexVichev, dont you think prices might crash towards 700-900 if ETF was not approved?
AlexVichev
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@01sasa10, yep, there it is, Elliott wave ahead of the news! According to the theory's rules, it is not falling below 750. Let's see.