Here is what bitcoin likes to do these days. It wants to NOT follow the analysis results of the majority of traders and analysts.
I thought the bullish waves would be more impulsive to reach around at least $9,300. Instead it is being corrected heavily.
It is currently forming a downtrend channel. If these are corrective waves, not impulsive waves, this wave counts would make a perfect sense. If it goes above $8,540, this count would be invalidated.
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Here it is!