BTC Countertrend Scenarios

Two scenarios:

1. Finished an ABC countertrend (pink) and are heading for 5800.
2. In the process of a larger A wave (teal) and will terminate around 6800 before heading down to 5800.

تعليق:

It seems scenario 2 is playing out.

We may have just finished wave B with a flat (3-3-5) and are on track to 6800.

تعليق:

6800 reached.