Post
Topic
Board Speculation
Re: 2023 Elliott Wave
by
xxxx123abcxxxx
on 25/10/2023, 01:00:21 UTC
IMO the current pump is not consistent with the EW count presented, so it should be something else...
Could you post a count in which this pump goes to 2 of A (assuming the 15.5 k$ bottom was 1 of A)?

Yes, the current rally, driven by BlackRock Bitcoin ETF speculation, has proven the anticipated short-term EW count to be incorrect.  Sad

Current guesswork suggests the following two scenarios:

BULL : A weekly close above $36,000 ought to suggest the bull scenario may be underway.
BEAR : A decline below $30,000 ought to suggest the bear scenario may be underway.