๐จ BTC BEARISH IMPULSE COUNT โ THE MAP IS GETTING INTERESTING ๐
If Bitcoin is carving out a full 5-wave impulse to the downside, the setup could look like this:
๐น Wave 2: Could already be complete.
If not, watch the $85Kโ$86K OB zone for a potential Wave 2 rejection.
๐ป Wave 3: The aggressive leg could target $77Kโ$78K, around the 1.618 extension from Wave 1.
โ ๏ธ Wave 5: Potentially around $75K โ a level that could spark a double-bottom narrative and bring buyers back in.
Then comes the key part: a possible ABC relief bounce before another major downside leg and a potential new bear-market low.
๐ฒ Pure Elliott Wave speculation โ not a prediction or financial advice.
The count only matters if price confirms the structure.
Trade the invalidation, not the narrative. ๐ง ๐
If Bitcoin is carving out a full 5-wave impulse to the downside, the setup could look like this:
๐น Wave 2: Could already be complete.
If not, watch the $85Kโ$86K OB zone for a potential Wave 2 rejection.
๐ป Wave 3: The aggressive leg could target $77Kโ$78K, around the 1.618 extension from Wave 1.
โ ๏ธ Wave 5: Potentially around $75K โ a level that could spark a double-bottom narrative and bring buyers back in.
Then comes the key part: a possible ABC relief bounce before another major downside leg and a potential new bear-market low.
๐ฒ Pure Elliott Wave speculation โ not a prediction or financial advice.
The count only matters if price confirms the structure.
Trade the invalidation, not the narrative. ๐ง ๐
