There is a very very very small chance that the BTC correction has come to an end a few hours ago.
To be honest, I don't think that this is what is happening. But if correct, we will see strong bullpower from now on.
This count suggests a contracting triangle in wave Z of 4 could be done. "ZigZag-X-Flat-X-Triangle" is a common pattern in elliot wave theory.
I just wanted to post this in case that it turns out to be right in a few days. I would have been one of the first to recognize it...
But for now it is only a small chance.
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I wouldn't mind the correcting being over at this point, to be honest. Keep us updated please ;)
I will if anything changes.
Awesome, thanks!
peter brandt on twitter says its a "compound fulcrum" bottom pattern, no idea what that is but hey who knows..
This is what we want to see ;) The 6k line holds too strong.
Ty for the comment if the general population believes the 6 k line is to strong, it will fail :).
I hope so, it’s been dragging on so long..
In some ways I was hoping to accumulate some more various cryptos at these low prices however will still b very happy if a bull market starts!