BTC - 31 July 2019 - Mid Term BEAR Chart

This is the bear scenario for our mid term Bitcoin action.
I will be posting the bull as well.

Bitcoin had a great bull run so far, however both the news, tether printing and other manipulations seem to be decreasing.
Even though most of the people believe in the new bull market, I am still suspicious. I believe this is a huge bull trap which will be leading us to the last but not least ABC correction.

I am considering this rise as an WXY rather than an impulsive 12345.
There is something wrong with this market...

I believe that 2k is the ultimate target considering we are still in the correction phase.