Post
Topic
Board Speculation
Re: 2022 Elliott Wave
by
xxxx123abcxxxx
on 02/07/2022, 11:30:58 UTC
what happened to this scenario? you commented that it would activate below 25k$

Would we be in CYCLE II?


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.