Quote from: josegines on July 01, 2022, 10:20:35 PM

what happened to this scenario? you commented that it would activate below 25k$

Would we be in CYCLE II?

Quote from: xxxx123abcxxxx on May 10, 2022, 06:59:21 PM

The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40...

Yes, it is now possible that CYCLE II bear market is underway, and price is heading back to the DEC-2018 low (i.e. around 3K). A decline below the JUN-2019 high (i.e. sub 14K) ought to provide confirmation.