đš BTC BEARISH IMPULSE COUNT â THE MAP IS GETTING INTERESTING đ
If Bitcoin is carving out a full 5-wave impulse to the downside, the setup could look like this:
đč Wave 2: Could already be complete.
If not, watch the $85Kâ$86K OB zone for a potential Wave 2 rejection.
đ» Wave 3: The aggressive leg could target $77Kâ$78K, around the 1.618 extension from Wave 1.
â ïž Wave 5: Potentially around $75K â 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.
đČ Pure Elliott Wave speculation â not a prediction or financial advice.
The count only matters if price confirms the structure.
Trade the invalidation, not the narrative. đ§ đ
If Bitcoin is carving out a full 5-wave impulse to the downside, the setup could look like this:
đč Wave 2: Could already be complete.
If not, watch the $85Kâ$86K OB zone for a potential Wave 2 rejection.
đ» Wave 3: The aggressive leg could target $77Kâ$78K, around the 1.618 extension from Wave 1.
â ïž Wave 5: Potentially around $75K â 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.
đČ Pure Elliott Wave speculation â not a prediction or financial advice.
The count only matters if price confirms the structure.
Trade the invalidation, not the narrative. đ§ đ
