I find this very debatable, IMO it is not time yet to set the label to (1). Yet we are going towards the end of a 4 and the 5 will be sitting somewhere at around 25k which then becomes the (1), dont you think so?
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I think @xantos is right (just feeling, no TA involved :-) ), we're in the correction of a 5, problem will be if this correction is a triangle, rarely happens in w1, so in that case yes, we're in w4 ... Anyway it's right it's not time to label these wave, but we can try to make some guesses ... and dream about the moon :-). Let's see where price take us in the following weeks !!!
So you mean we are currently in the correction of Subwave 3 ..
Sounds reasonable aswell!
We'll see what future brings :)
yes we will see, will try to catch a view on haejins main count one the next BTC videos, maybe we have some guidance there :-)