In my last chart I warned we could be declining sharply after what looked like a corrective structure completion ending on a truncated fifth wave, which did led to a sharp fall, but the timing was rather off.
It's possible this was due to the nature of btc , which is rather low liquidity, and possibly distorted the wave count's proportionality in time.
As for time at mode, I have a short signal, since we broke the mode, rgmov looks really I'll try to short on a retracement asap .
This might be related to the Bitcoin XT consensus fiasco, which has been recently coming to light.
We might be headed to 122-86. Yikes...
I'll update with a safe short entry.
I also think it's possible to see the completion of the bear market phase soon. Will update it again once it's confirmed. (the move down from my previous 'bulls in danger' wave count, is waves 1 to 3, the recent move up is an incomplete 4th, pending 5 down)