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AriasWave
Dec 12, 2023 2:13 AM

BITCOIN - Expect Lower Prices From Here... Short

Bitcoin / TetherUSBinance

Description

Currently, we find ourselves at the peak of Wave D, and these levels are likely unsustainable for much longer before the anticipated reversal takes full effect. I anticipate a substantial downward movement from the current levels to around the $10,000 area. Following this bottoming out, I expect a minimum 700% upward movement to reach all-time highs before culminating in Wave 5, marking the final upward move within the entire pattern since 2008. While I have a reasonably clear idea of what follows afterward, let's observe how this scenario unfolds for now.
Comments
pullbacksignal
This is my idea, check it out
pullbacksignal
Very likely scenario
MyCryptoParadise_Simon
It's wise to take a step back and observe how this scenario unfolds, given the market's inherent unpredictability
mpff1
Hi. Mike. This new count sits really well with me. Hopefully one last move down for E and then ALH.
AriasWave
@mpff1 Thanks Matt, It sits well with me too, finally, some clarity.
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