Post
Topic
Board Speculation
Re: 2019 Cryptocurrency (Elliott Wave)
by
exstasie
on 10/11/2020, 00:58:54 UTC
This looks like a crazy thought, given lots of other metrics, but none the less completely possible it seems...

Returning to the $6,000s is technically possible, but in my opinion very unlikely. Based on historic bull market corrections, anything below the $9,000s would surprise me greatly.

Either way, that triangle has long been invalidated, ever since the B pivot in the $13,800s was broken. From an EW perspective, we're definitely looking at something else now.