My latest Elliott analysis on Bitcoin

The 5-wave upward structure is complete, and this upward structure appears to be the final wave of a correction in the bigger picture. This has led me to play in the downward direction.

Honestly, although it may be an illusion in the short term, Bitcoin might not turn upward again without seeing 97-98 or even 94-95 in the next 2-3 weeks.

There are also different scenarios where I could be wrong in the short term, such as BTC going up to 108-109 and then falling from there.

#bitcoin