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Replying to Avatar CappyNate🍁

Now Bitcoin has really entered the danger zone. Target 1 of $98k has now been achieved.

In Elliott Wave we yield to the highest degree.

That means, even though we haven't completed 5-waves on the smaller timeframe (white count), we don't necessarily need to. A top could be in on the higher timeframes (stacked fives).

I'm not saying a top IS in.

I'm saying it could be.

And with what comes after that top, holding here is like picking up pennies in front of a freight train.

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Financial Parasites 1y ago

Look at order books. It’s literally empty after $100k

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CappyNate🍁 1y ago

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CappyNate🍁 1y ago

Seeeeeeee? 😉 🙏

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Financial Parasites 1y ago

Yeah there is a huge sell wall at $100k but if we break that then it’s banana zone.

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Financial Parasites 1y ago

https://primal.net/e/note1xxkkkchqzwaew0xnxdz3gsukx2a5ad2jsr8q9lklgh8sh2tw99js0ezrxl

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