Do you no longer believe there is another low coming as the 5th wave after the current (from your previous post) 4th wave? I've counted what you call impulse as a quick 3-wave a, the following a-b-c as b, and now the upward wave in progress as c - which would be 5 waves whether the whole thing is a zigzag or a flat. And then I expected it would come down for the final 5th wave. Is your new analysis considering the current wave in progress as sub-wave 3 of the new uptrend wave 1 (post correction)? Would love to hear your thoughts. Thanks!
RE: Bitcoin (BTC) Evening Update: Micro-Counts
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Bitcoin (BTC) Evening Update: Micro-Counts
No, that's still on the table. I'm only trying to discern IF the bottom is in.
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Yes I was thinking exactly the same. This could be the C wave up, counting 5 subwaves, making the correction a Zig-Zag and then again down for the final leg down.
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Exactly. Although it's seeming like that would be too fast, looking at the timeline, which might mean that the the end of 5-wave-C is actually just wave-A of a higher degree, and we still have B and C of the higher degree to complete before the final 5th wave descent. It may never end... :)
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