$BTC Macro Elliott wave count
3D Currently we completed 1st wave of the cycle 🚲 31k area now 2nd wave corrective wave going on now in abc bounce b wave going 28k area after that if not close above 29k we can see drop to 21k 20k area c wave
This is the last Dip before bull market begins
3rd wave Target 48k 52k area after halving
Key point about New low? View as per no less very less probability for that
Bcz bear market over in 2022 this is pre bull market phase 2023
If we compare market reduce in xx gain in every cycle also drop reduce too
2015 86% drop
2017 84% drop
2022 78%
In pre bull cycle 2019 did 3x
Peak of bull market 2021 20x
Reduced compare to 2017
Right now 2023 pre bull market Run 2x 16k to 31k
Bull market expectations 5x 6x from low
85k 95k area is near top
