Congratulations!
Do you know if wave 2 is over, or if it can still fall further, up to $44k (50%)?
Do you know if wave 2 is over, or if it can still fall further, up to $44k (50%)?
Current rebound appears to be a corrective dead-cat bounce.
Expecting the MINOR-2 wave pullback to be a A(a-b-c)-B-C(a-b-c) structure, concluding at either 44K or 37K zone...
On Monday, when the markets fell, there was quite a bit of volume in BTC, consistent with a capitulation.
Do you take the volume into account?
Or, despite that high volume, do you think the price could make a lower low?
August and September are bad months for BTC, your last count would fit, but I have doubts because of that high volume.