The most recent pattern in BTC (white wave 4) looks very much like an EW triangle.
IF true, we will see one final push higher in wave B. It may even go as high as 14570$ to get rid of the short-sellers, without violating any rule for wave B.
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The next crash right after wave B is still expected to occur. If BTC does push higher first, the drop will be more violent than previously expected.
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What do you mean when you say "If BTC does push higher first"? Is that higher than wave 1?
Yes. This is called an expanding flat pattern and is allowed.
Thank you for the update.
Resteemed and shared on FB :-)