COINBASE:BTCUSD   Bitcoin
so looking at that slope down it looks like three wave structure with triangle in middle. so next move im considering it would be also three wave structure cose as u can see its clearly motive wave in smaller time frame which is showing that correction is following and another motive structure and there u have three wave structure as B wave and expectations r that will go for wave C. so for explaining im using most common structures that may occur which not necessarily means it will develop like that, many other may be but the concept is that.
will talk more for wave C when we get there.
must consider it that this is minimized daily chart which means all this wont happen in a day, it will evolve in years...
if there is interest ill make a smaller time frame set up charts.
older charts in comments...
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this is when i first saw that btc will go down, with all that sentiment was up there fore i was long too, but predicted this down move.
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after reviewing it i got next down move, and after this had no interest of following it
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