$BTC - Bearish Count.
The CME gap is forcing my hand with this count. Having gone down slightly below 30k, we have no choice but to take into account the CME gap around 25k.
So after a nudge back into 50k territory for Wave B, another sharp drop to 25k (another rug pull for shaky investors) could play out. It would force a major rally after that, and probably extend the bull market for this cycle by a few months.
Also see my Bullish count which is also in play.
So after a nudge back into 50k territory for Wave B, another sharp drop to 25k (another rug pull for shaky investors) could play out. It would force a major rally after that, and probably extend the bull market for this cycle by a few months.
Also see my Bullish count which is also in play.
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