Bitcoin - Global View. Dump Incoming?

I want to begin with the following statement: I have never relied on fractals and preferred to argue based on Oscillators and popular TA Patterns. Moreover, I always try to look at the market situation, imagining myself as a market maker (MM) and choose the most suitable combination of actions to take more money from liquidations. However, we all know how important it is sometimes to look at situations more globally, in order to refresh our awareness of the market and emphasize something new for ourselves. And today is the day when I decided to look at the market from a different angle, thanks to which you can now see the chart above.

At the upper chart, we can see the price of the BTC/USD pair from the Bitmex exchange for the period from March 18, 2018 to September 4, 2018.
At the lower chart, we can see the price of the BTC/USD pair from the Bitmex exchange for the period from August 1, 2018 to the present day.

• 1. In the first part we see the classic "Cypher", then a small correction, and the continuation of the dump, after which occurs a consolidation of an impulse (triangle).
  
• 2. In the second part, we see an upward momentum and a rollback of the price. The price has risen during this period.
  
• 3. In the third... I won't say anything, this is just "M" which sets an uptrend.
  
• 4. In the fourth, we can see a small continuation of the trend and then a drop in the price. The price has fallen during this period.
  
• 5. In the fifth, flat with a slight rise (fall correction).
  
• 6. In the sixth, the decline of the price by a wave of ABC.
  
• 7. In the seventh, Elliot Wave 1-5. Price was rising.
  
• 8. In the eighth, the decline of the price.
  
• 9. In the ninth, the ascending channel.
  

What happened next you can see in the following chart:
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This is the global view on the situation with $BTC. If you want to know more about my short-term view of this currency, please read the previous idea, there you will find a lot of useful information.

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