Bitcoin, Meet Bart.

See original post for anticipatory analysis. Bear season extended until 2022.

הערה:

הערה:

Contracting diagonal has evolved. Meaning the next leg down will be the longest within this bearish sequence.

The rebound there after will only suck on more naive traders.

Join Digital Surf Trading Co. and we’ll help you stay on the right side of the major swings.

הערה:

Build Back Better, Buy Back Cheaper. Word to Craig Wright.

הערה:

a break above the red box and price could skate a bit higher --

הערה:

הערה:

#fakeoutbreakout

הערה:

should Dikembe reign truu at the red box, we will drop MINIMALLy $1970 (orange line).

הערה:

Extended diagonal pattern believed to be complete however the upside retracement has come back stronger than expected. Bears can retain momentum with a drop in price below the 0.786 fib level -- a good start would be bringing price below the 0.89 fib level firstly.

still heavily bearish imo

הערה:

diagonal formation becomes invalidated with a break above $48370 --

הערה:

Diagonal wave invalidated. Double zig zag wave produced.. Downside yet imminent.

הערה:

E Wave should remain below C wave in this case --

הערה:

For the slightest bullish consideration, price needs to reach $49533.

הערה:

#FakeoutBreakout

הערה:

Let’s gooooooo

הערה:

womp womp ----

a very messy sideways triangle still seems to be largely in play. reanalyzing the ultra choppy section in Wave B (white wave), its very possible that this was a triple zig zag wave (rarely seen). if one were to misread this play and mislabel the waves (as I previously have), it could put the micro wave count into jeopardy. being able to adjust is the true test. With new labeling for waves B-E, expecting more sideways action for the next few days up to a week. This is still bear mode imo.

הערה:

Going sideways to end out the year. Stay away from longs.