dRends35

BITCOIN - Supercycle Wave 1 Complete

Short
dRends35 Updated   
BITSTAMP:BTCUSD   Bitcoin
It looks probable that Bitcoin has completed a Supercycle wave 1 top. If correct it leads to sub 10K, possibly as low as 1K and a VERY long bear market. No-one is calling this Elliott Wave count as far as I'm aware. See my linked BLX thread for details.

I'm sure this will not be too popular but as some guy in The Big Short said - "Truth is like poetry, and most people f*** hate poetry."
Comment:
Comment:
If any longs (or anyone) have a different LONG TERM elliott wave count you are welcome to post your chart. Angry longs however - its always funny to see how little they have to say.
Comment:
It looks like my Primary wave 5 top call was correct. The bear market begins.


Telegram Trading Group 🧐

Priority trades, round the clock updates and a 1 hour technical video per week 😼.

Get the "heads up" at critical moments - don't lose your shirt.

$50 per month 👍🏻.

Contact: t.me/dRends35

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.