Quote from: xxxx123abcxxxx on Today at 05:16:09 PM

Quote from: CookieFactory on Today at 05:04:17 PM

Seems like this week will be an inflection point in traditional markets and as it were, transitively for Bitcoin. I personally believe there will be a trend reversal and am targeting 4200 (+/- 50) on the S&P by EOD Friday. Let's see.

Yes, it does appear that the equity indices may have bottomed; latest Elliott Wave counts here: https://12345abcdewxyz.wordpress.com/2022/05/14/2022-may-14/

Ah interesting indeed.

My (wholly unscientific) pulse on investor sentiment and expectations are that some ~45% believe we'll see a bear market rally followed by new lows, 45% think we're going directly to new lows, and ~10% expect a trend reversal eventually onto new highs. From your EW count it seems you are part of this 3rd (highly contrarian) group - is that accurate?