We are currently in a downtrend.
We move down in the descending channel.
According to Elliott, we are in the last wave of the big cycle correction (wave C)
This wave could end around the previous big pivot (19,000), maybe a little higher!
And then start the fifth wave upwards (the latest uptrend and the beginning of crypto winter)
We move down in the descending channel.
According to Elliott, we are in the last wave of the big cycle correction (wave C)
This wave could end around the previous big pivot (19,000), maybe a little higher!
And then start the fifth wave upwards (the latest uptrend and the beginning of crypto winter)