chillingeffects

What if we are entering a major corrective wave? (elliot count)

Long
KRAKEN:XBTUSDT   Bitcoin / Tether USD
From history, crypto likes to rally hard, then enter painfully long corrective phases to bore us out of our positions. I do not typically use elliot waves and find them pretty useless, but heres a scenario I cooked up in case it actually plays out on a longer time frame.