The Expanded Flat is a common corrective structure seen in wave 2 and 4 of a Motive Wave, the connector in a Zig Zag or any part of a Double or Triple Correction.
In a bullish trend scenario price moves against the trend lower in a 3 wave structure to form wave A.
Wave B also is a 3 wave structure and advances beyond the origin of wave A to an extension most...
Long story short, the ~$220 support is worn out and about to give way. Also BTC made a triple top recently. In my opinion we'll be
testing the Jan '15 bottom and returning to $300 in December/January or
making new lows before returning to $300 and higher around halving time (mid 2016).
BTW, what's worse than despair?