If we go back to my analysis in August of 2021, you could see I had anticipated the flat. Although it went higher than anticipated, I count this as a success.
I had a bit of trouble looking into the 2017 bull run for the sub wave count, but it works. Subwaves matter, but we have established as a community that the 2017 run was wave 1 and we are currently in wave 3.
As for the current structure, if i'm wrong and the top isn't a flat, we may be in for a much longer bear market... as this could be only A playing out.
For now let's assume C is coming to an end within the next few weeks so we can look to greener pastures and a new bull run.
Safe trades to all. Stay safe out there.
I had a bit of trouble looking into the 2017 bull run for the sub wave count, but it works. Subwaves matter, but we have established as a community that the 2017 run was wave 1 and we are currently in wave 3.
As for the current structure, if i'm wrong and the top isn't a flat, we may be in for a much longer bear market... as this could be only A playing out.
For now let's assume C is coming to an end within the next few weeks so we can look to greener pastures and a new bull run.
Safe trades to all. Stay safe out there.
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Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
Could still go a bit higher, but this is the essence of my bearish count.