Bears Prepare to Exit Hibernation Near Bitcoin's $75K ATH
Updated
My mid-macro Elliott Wave game deserves a little more work, I must admit. Better yet, maybe it'd be better to focus on more 'macro' sized moves rather than the more short termed waves. Either way, there's still profits be made!
I suspected
65K would be the catalyst for a drop to 55K BEFORE we'd see $75,000 however, that turned out to be wrong.
Mid-macro target (55K/dead)
Macro target (75K/pending)
Corrective Bear target ($31-35K/pending)
At this point, buying above the mid 30K range is not a smart money move imho. 35K cometh; #btfd.
I suspected
65K would be the catalyst for a drop to 55K BEFORE we'd see $75,000 however, that turned out to be wrong.Mid-macro target (55K/dead)
Macro target (75K/pending)
Corrective Bear target ($31-35K/pending)
At this point, buying above the mid 30K range is not a smart money move imho. 35K cometh; #btfd.
Comment
presently, we are likely in a flat correction (red wave) and have not entered Wave 5 of the C wave yet.
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt
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