Post
Topic
Board Speculation
Re: 2024 Elliott Wave
by
xxxx123abcxxxx
on 06/11/2024, 22:17:47 UTC
Yes, we are probably in a B,
What I don't understand is why you don't consider an alternative bullish account.
There are almost always two possible scenarios,
and breaking through $74k is a very possible scenario.

The alternative bullish count would suggest wave-2 pullback bottomed on 05-AUG-2024, and wave-3 uptrend has been underway ever since.

However, the uptrend since the 05-AUG-2024 low to present high, thus far, appears corrective; hence considering it as an Irregular B-wave.