We have 2 counts on the table... First we have to go to at least 72k.
Count 1: We are going to make a simple 3 Wave ABC and continue our moon mission
Count 2: We had a 5 Wave Impulse from our last All Time High at 65k and building a simple ZigZag (5-3-5) Correction that broke the high. In this case we are going to see a violent 5 Wave impulse down to araound 35k
I think that count 2 is more likely. When we look at the Bitfinex heatmap we see that there are massive walls waiting to get filled.
And we all know... Bitfinex is the market maker
Count 1: We are going to make a simple 3 Wave ABC and continue our moon mission
Count 2: We had a 5 Wave Impulse from our last All Time High at 65k and building a simple ZigZag (5-3-5) Correction that broke the high. In this case we are going to see a violent 5 Wave impulse down to araound 35k
I think that count 2 is more likely. When we look at the Bitfinex heatmap we see that there are massive walls waiting to get filled.
And we all know... Bitfinex is the market maker