Giak

Giak

Take a look at this Bitcoin fractal, it's playing out exactly as of now.

Giak

Based on the Previous bull market, since history often rhymes.

Giak

I'm starting to believe that the unusual price action in Bitcoin since the premature pump to $14,000 is all part of a grand A,B,C Elliot Wave correction. So to keep it short, we are in the C final leg down to $2,000. If you start drawing the 1-5 impulse waves it ends at the 20K peak so we are having a healthy correction before the start of another impulse wave cycle up.

Giak

Bull Flag completing its pattern ready for launch. Another bit of correction before take-off.