After the biggest pump in the history of Bitcoin we are now witnessing the biggest crash crypto has ever seen.
This will be epic and popcorn worthy.
And in just one day, the entire talk about a crash is history.
The crash was just a minor correction and bitcoin continues its upwards trend. All time highs are getting created almost on a daily basis.
It definitely seems like this rally still has some legs to it. Elliott wavers seem to think we are in a Wave 5, which for Bitcoin, is usually a big blowoff top. It doesn't seem like we have seen the blowoff quite yet. In fact, we are now consolidating above the top that the OP referred to, indicating that the previous ceiling is now becoming support.
I think $5000 is possible on this run. Maybe more.
