In this study I pose the question, "Have we just seen the completion of a wave 4?"
In the context of the bear market corrective structure, it is very feasible that BTC is in a wave 4 of its final C-wave move to complete its bottom. I look at the structure of the price action sine the June low and map out a Double Three Elliott Wave compound corrective structure that has potentially just concluded at the recent high, setting the stage for a final bottom of the bear market.
What do you think, is that a double-three correction completing wave 4? Or is this pull back a Bear Trap and the Bulls are ready to stampede?
In the context of the bear market corrective structure, it is very feasible that BTC is in a wave 4 of its final C-wave move to complete its bottom. I look at the structure of the price action sine the June low and map out a Double Three Elliott Wave compound corrective structure that has potentially just concluded at the recent high, setting the stage for a final bottom of the bear market.
What do you think, is that a double-three correction completing wave 4? Or is this pull back a Bear Trap and the Bulls are ready to stampede?
