scenario 1: if this is still the wave4 (WXY) within the cycle correction C, the bull run will start after September
scenario 2: if 15k was the bottom, we are in innerwave 2 of the first wave up or already starting innerwave 3 (which would be an 'early bull run' ... followed by a big correction by the end of the year
Bitcoin - March 26th 2023
Wave3 down in correction waveC ended truncated, creating the biggest bull trap (wave4 correction up in Q1 2023).
Now ending with a diamond top (reversal pattern) for the final leg down, wave5 (to 12k, 10k, 9k, 7k?) Time will tell...
Count based on elliott wave theory / fibonacci; showing some head and shoulder patterns.
NFA, DYOR
take...
