Count your waves & keep your head clear.

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Hey whats up tradingview been a minute since I posted a bitcoin chart so here it goes.

I see this as a ABC correction in the macro wave from 20k to 6k

I see the current correction from 12k to 6.6k as a 88% retrace despair (potential to be final low) of the entire bearish market cycle. (not calling bottoms just saying if this double bottoms it will be absolute bottom for quite some time and very likely the entire cycles bottom.

If 6k cant hold 5k is around the corner but according to my long term logarithmic analysis that is less likely to happen
Bitcoin Long-term market cycle study on LOG chart


There are multiple ways to look at the bitcoin chart but one of the better ways is to look at it from the perspective of human emotion where are where in a standard market cycle? snapshot

stay profitable stay wise keep risk management and keep winning folks!
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snapshot here's the LOG cycle and TA
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snapshot some shorter term analysis
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snapshot watching the .88 retrace
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Bitcoin potential double bottom.
Bouncing off a double bottom can we break ABOVE $7,600?
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snapshot
snapshot
Bitcoin one more lower low alternative count


primary count is we wont go below $6,400
alt count we test $6,000 and bounce
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snapshot watching for these waves
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snapshot lil update for yall
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snapshot
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Bitcoin accumulation zone
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snapshot ABCD triangle correction complete lets see some buying action!
andersonBitcoin (Cryptocurrency)dalinhaiTechnical IndicatorsmoonWave Analysiswinner

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