Loading video...
Video Failed to Load
$BTC Bitcoin is currently a battleground between a dead cat bounce and a new high. Elliott Wave Analysis #Bitcoin
13 Comments

So in essence your way of analysing markets is by confirming what has already happened. At the lows all your counts pointed to 30-40k. Now the main expectation is a B wave up. Then when BTC break ATHs then you say " hey we're going up after all, it´s not a B wave". Is this a correct reading?

No, that's not a correct reading. At the lows we were looking up, not down. All public, with date and minute: 30 Jun (5:50): "There's a good chance for a rally in Q3 in July at least" 30 Jun (20:13): "you might not necessarily want to wait for the low to form before you start to accumulate" 6 Jul (1:22): "I'm looking for higher. ... So we're looking short-term bullish in a bear market." 10 Jul (0:14): "Just a day before the rally started on the 30th of June, we called the low here on the channel." 20 Aug (1:05): "One-two setups are the best setups in Elliott wave." And 30-40k was never a must: 22 Jun (3:21): "the 39K level doesn't have to be reached. It is a guideline." The conditions were on the table before the move, not after: 10 Jul (1:32): "If we get five waves up and a break above resistance at around 76 600 ... then we can start to flip bullish" 6 Jul (3:06): "the formal invalidation point for the wave 2 is the 83 000 level" Unfortunately July and August were quiet months and fewer people were watching, so a lot of people seem to have missed it. It's all on YouTube.

👍

Interesting battleground for BTC here. Until the structure confirms, both scenarios remain on the table.

Dead cat bounce? You’re an idiot.

Bitcoin spends a lot of time making both camps look clever. The chart owes nobody a clean entry.

Zero predictability capability for this account 😂 I mean seriously not even at least trying to be creative here

It is the yellow one...

Measured moved

Ty

Winter is coming

🎯

Bulls are taking this to a new high, no dead cat bounce here!
