As you know, movement in the direction of the trend is unfolding in 5 waves (followed by three waves in a correction).
I mean: totaling a 5-3 move!
Sure, the Fed has been playing with fire*.
Sure, higher interest rates tend to negatively affect earnings and stock (BTC ...) prices.
But, None of that stops the Elliott Wave from being right!
*Market Manipulation (Printing money = inflation is high <------> DXY is high)!
(In Economics) when inflation is high, the dollar ( DXY ) weakens.
