Luiggih
alternative count for bitcoin: bullish scenarioExtended waves are by definition extended. They are supposed to be hard as fuck to determine key reversal points as price keeps pushing higher and higher.
This is my most bullish scenario possible short term for bitcoin.
After that wave V is finished (coinciding with 5,((5) and (5).... i would expect a MAJOR BEAR MARKET FOR A SOLID PERIOD OF TIME.
But first, let the price go to mars b4 a massive landing comes ahead.
BTC finally is heading down. Strong leg down ahead of us.This correction is turning out to be quite complex.
Prior targets remain achivable and potential lower lows are coming.
RSI is looking bearish, last pump has had no volume at all and bearish konkorde's cross is very relevant. Strong hands had taken their positions already and the dump is gonna become a reality now.
Last drop is in all media and as expected, this drop is affecting CME futures and public opinion. Stay tuned, time to dip again.
Good luck.
neousd about to correctwave V has finished and now its time for a big correction.
Big hands are selling as shown in konkorde, rsi divergence + mcd bear signal as well. Also very important to check volume: its going down as well.
No new buyers to buy the dip = Its going down.