Btc community need a very bad news to create panic and make it go down so much... pure analysis works on Wall Street but not in crypto... even if one day the charts seems to be in a pattern... only with technical analysis it doesn't fit... see all your predictions. One day you say it's going up next day you say it's going down but don't forget bullish bearish it doesn't depend on a pattern that changes everyday, it depends on manipulation and news
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You might want to look into EW analysis first and how it works because it seems like you are missing the point of it completely.
I'm not missing the point. I know how to trade crypto and yes, this are useful posts, haejin is doing a great job. BUT, every day I see his predictions btc is going in the other direction. Is not moving up or down too much because of the lack of news. Bitcoin will go down to 1800 only with a negative news creating panic. I don't see it at 500 really