And I must say that it's more important in crypto trading because the market is a very fast moving one. I was messing around stocks with a simulator before I got into cryptos and pure fundamentals worked amazingly well. I even did 150%+ gains in 2 days. IMHO EW isn't even that useful for stocks if you don't day trade. But cryptos are a completely different case.
As for the BTC drop, I just wish it'd be a slow and steady drop over some time instead of a sudden crash.
I expect it to look like wave A. slow drop, faster drop, crash to panic low.
Makes a lot of sense. Thanks for the reply.