First time poster and new to analysis so take it with a grain of salt. Any and all comments welcome.
For now I am not convinced that this is the end of the bull run. I believe we could still be in the 5th wave of elliott on the all time chart. This current turn down could be wave 4 of a more local elliott starting December 1st 2018.
I only acknowledge the covid crash for the local trend not the macro trend. I think thats important because covid to me was definitely a local event but in terms of btc macro I dont think it changed the long term trend.
Be Well and good luck.
For now I am not convinced that this is the end of the bull run. I believe we could still be in the 5th wave of elliott on the all time chart. This current turn down could be wave 4 of a more local elliott starting December 1st 2018.
I only acknowledge the covid crash for the local trend not the macro trend. I think thats important because covid to me was definitely a local event but in terms of btc macro I dont think it changed the long term trend.
Be Well and good luck.