Bitcoin Bearish for 2 months down to $5100? for COINBASE:BTCUSD by KondrackiKarl

gannfan elliottwaves parallelchannel btc btcusd xbt xbtusd bitcoin

I know I should have posted this days ago... on twitter I have a post the day before saying prepare for a drop.
This is my estimate for the next 2 months

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Current Estimate (Still thinking Flat - Any Three - Zig Zag like I have been saying since July

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There is a chance we get pushed down by the 20 EMA on the Daily around the 23.6% Fib level at $8450ish.
If we break above that level then I think we will finish C leg of Zig Zag at $8900
Then I hope to short all the way down to $5k

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I ment to say D leg of Zig Zag

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Current Estimate

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There is a chance I was mistaken
Alternate estimate

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Another Estimate, trying to see all possible wave counts and see which seems to fit best to rules / guidelines

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Going pretty well.
Bitcoin testing Deep River territory

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