Will the 'WXY Double-Zigzag' play out?
There's plenty of scenarios that Bitcoin could play out. However, after gathering many ideas and doing many counts, I'm convinced that this scenario might be the most possible case, at least, from my point of view.
This one called 'WXY Double-Zigzag'
By this scenario, we will have a fake double bottom as the bull's last hope, and when it breaks many people will give up and be convinced that we are really in the bear market, as well as when price breaks June 21 low.
In the bigger picture, I'm still bullish, the wave 5 of the current cycle has not finished, yet.
Michael_Wang_Official once said "Why would whales want weak hands shaken out if this is the top?" I completely agree with him.
This idea is not financial advice. Always do your own research.
This one called 'WXY Double-Zigzag'
By this scenario, we will have a fake double bottom as the bull's last hope, and when it breaks many people will give up and be convinced that we are really in the bear market, as well as when price breaks June 21 low.
In the bigger picture, I'm still bullish, the wave 5 of the current cycle has not finished, yet.
Michael_Wang_Official once said "Why would whales want weak hands shaken out if this is the top?" I completely agree with him.
This idea is not financial advice. Always do your own research.
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