Quote from: Febo on June 06, 2019, 04:23:22 PM

Quote from: fabiorem on June 04, 2019, 07:56:10 PM

Quote from: xxxx123abcxxxx on June 04, 2019, 07:43:21 PM

Quote from: MrPresident on June 04, 2019, 06:10:34 AM

since what is invalidated?

Nothing is invalidated.

If the 30-MAY high is exceeded, then the proposed Elliott Wave count is invalidated.
If the 06-FEB low is exceeded, then the proposed Elliott Wave count is invalidated.

For now, the proposed Elliott Wave model remains on course for an average decline towards 5300, perhaps by mid-JUL.

Seems likely to happen earlier, as it fell $1500 by now. $5300 by the end of this month.

Amazing. That is only $200 higher then my prediction from 20th march https://bitcointalk.org/index.php?topic=5122750.msg50259426#msg50259426 I speculated the bear trap will be in full motion at that time.

In that standard bubble chart, it would be the "first sell off" and "bear trap" phase. I believe we are already on it, because it fell $1500 in just some days. Some bearwhales are in a hurry to be trapped. The "despair" phase from the previous bubble is already over, and we are back to the mean.