BTC update: a lot of confusion at present but two clear options. In the end, both options lead to further decline. From an EW perspective, BTC is now in wave 4 or 5 (in green). Option 1 is short term bearish: wave 4 is ready and wave 5 is now in the direction of 3200. Option 2 is short term bullish: wave 4 is not yet finished and probably ends on the .382 (4734).
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