BITCOIN HTF Elliot analysis

There are 2 scenarios:

🔴In the first scenario, there is a journey to a minimum of 65k, while 🟢the second one is heading to a new ATH.

In my opinion, the scenario above 90k is scenario 2, while scenario 1 below 90k is more likely.

I can understand the motivation of those who support the first scenario. RSI has risen significantly, the first drop seems to be in 5 waves, and besides, we haven't seen a major bear wave in Bitcoin.

However, before a sharp sell-off begins, I prefer to think positively without dropping below 90k. If a sharp sell-off does start, we can say ''yes, a major decline has begun''. #Bitcoin