Is it possible the last leg down to $7,800 (ending October 18th) was a truncated/failed wave? I'm beginning to wonder if we've already seen the bottom. Something like this: https://bitcointalk.org/index.php?topic=5140701.msg52813750#msg52813750 Normally I would favor the beige scenario but this price action is very trolly. Not sure.....
Yes, its possible with the following requirements...
1. An impulsive 5 wave rise from the 18-OCT-2019 low (so far 3 waves). 2. A rise beyond the 11-OCT-2019 high of $8800 approx.