https://youtu.be/17oGYIQlBbU?si=d2r3gFUm1SGqQPB1
I've traded in the past with Elliot waves very successfully on higher time frames and I knew this to be a possibility, but these waves can be invalidated by external forces: black swans, infinite koney printing, war etc..
It's an interesting take. I don't agree with it but it's food for though. If you fail to plan then your plan is to fail.
I can't belive people are still calling for sub 10k Bitcoin.
EW only here. Prechter is the OG, but with a huge bearish bias. Can't discard his counts.
Alessio is a great trader but is still learning EW. He was really bad in the past few years, lots of rule breaks. But is improving lately.
There's interesting stuff happening on the higher timeframes. Need to work it out myself. But BTC 50% drop the sideways and doing nothing for MULTIPLE years after the current $100k push is definitely on the table.
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