hi my friends
I know that you all are traders and have your own knowledge and experience in the market but please consider Elliott wave principles as it is and not as what you expect from the market.
Elliott wave principle says wave 4 of upper degree needs to corrects down to wave 4 of lower degree where traders of wave 5 in lower degree want to cash their profits (In the respect of Technical Analysis).
by the way I am pretty sure that we are in a correction pattern in BTC and BTC will make a big correction. It doesnt matter how many times an analysis failed, because we are counting in a correction but total concept of waves movements depend on many factors. None of these factors (Technical , psychology of the market, fear, other relevant charts like s&p and many many other factors) are following BTC and Cryptomarket reversal.
There was a time I just did counting and then sit and wait to market follows my counting and it took many time and money that I realized that Elliott Wave Principle is only 10 to 20 percent of an analysis.
Be patient and Be carful
Let me more time to see what will happen
Thanks