Looks like it's only beginning

171
We're all waiting for a bullish trend. But what if it's only the start of a bearish one?
Look at Elliot's waves on a monthly timeframe. We got a 5-wave movement up, and we have to wait for A-B-C downtrend.
I can't say precisely where the next market bottom will be, but it may be located between 67k and 50k.

What do you think about this?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.