Recalibrated and recalculated my Elliot Wave count and it looks bullish short term but looks like by mid-December there is going to be a huge drop. I think that this recent ATH is just a Running Flat ABC correction that started from the previous ATH at 64k. I'm expecting the 2nd wave downtrend will start mid-December and end in March 2022. Then an impulsive move...
Looking at the way the 15 minute chart is moving, it looks like it is forming a Rising Wedge pattern. If this happens, then we should expect a downward movement and possibly forming a Bullish Rectangular Channel. From there, if it manages to break the resistance level, the price will continue on the bull run.
