BTCUSDT
So I think we can all agree that BTC is most certainly (80-85% IMO) in wave 4 of this cycle, subwave C.
I don't want to go into detail regarding the bottom being in or not. I also don't want to count the waves of lesser degree which led us to this point - it's messy and I don't have a clear answer to that.
In my humble opinion, all you need to know is that the bottom will be in rather soon. It can already be in actually. Could also go to 30 or even as far as 24k.
But one thing is for sure. You must have a solid entry strategy. You can either try to catch the falling knife, or wait for the trend line and pitchfork to be broken (and ideally other confirmations signs - HH, HL, volume, RSI etc). I suggest you do the latter.
The main scenarios are a running flat, expanded flat, regular flat or a triangle. Except for the triangle variant, this will most likely be THE bottom to buy.
So don't be scared. Don't listen to anyone and most importantly, not the news. Russia, FED, inflation, bear market, nothing trully matters.
"Victory comes only after many struggles and countless defeats."
- Og Mandino.
