Bitcoin
Kommentar:
Notice the declining volume on this corrective structure that we have been setting in stone. An uptrending RSI with more or less sideways price movement is never a healthy sign.
Kommentar:
Note, one can count the larger subwaves of pink (A) and (B) slightly differently, using a truncated 5th subwave for the (A), which turns the subwaves of (B) into an expanded ABC. In essence, however, this has no effect on what the current leg (the large (C)-wave) is doing.