BTC at key Decision Zone: Wave C to start? or Bulls to gore it?

4. Mai 2020

Quick post and heads of possible strong pullback to come.
The consolidation from 9.4k top looks like an a-b-c wave.
Thus far waves (a) and (b) have the exact structure needed.

It is POSSIBLE that wave (ii) of (c) goes a little higher, testing $9100.
It is PROBABLE that wave (ii) will fail just below $9000 round number.
It is PLAUSIBLE that wave (i) was actually wave (c) and we move on up.

$ 845x area be pretty strong, so bears will need to tear thru it quickly.
$ 810x area should bounce well, possibly to retest previous support.
$790x is the expected target, essentially erasing the parabolic leg.

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Recent Plots of this bounce:
Bottom of Crash : $3850 Bottom Taggged
Bounce Update 1: $6950 top Plotted
Bounce Update 2: $5900 launch caught
Bounce Update 3: $6600 top Plotted
Bounce Update 4: $6200 Foreseen
Bounce Update 5: $7300 top retrace
Bounce Update 6: $6600 Bottom mapped
Bounce Update 7: $6800 launch caught
Bounce Update 8: $9200 possible Top

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The Big Picture: "One Fib to Rule them All":

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My older charts catching every key turn and giving early warnings:
Mar 06, 2020: 9.2k Top Call
Feb 13, 2020: 10.5k Top call
Feb 10, 2020: 9.7k Bounce <= mapped within $10
Feb 08, 2020: 10k Targetted
Jan 17, 2020: 9k barrier Foretold <= Warning in Time
Jan 07, 2020: 8475 Top Call <= Mapped within $5
Jan 01, 2020: Sub 7k Foreseen
Dec 29, 2019: Big Picture Fibs <= the 3 Fibs of Life
Jun 02, 2019: 14k target call <=Perfect TP
May 12, 2019: 10k target call
Dec 03, 2018: 3.1k bottom call <=EXACT 2018 bottom

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My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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5. Mai 2020

Anmerkung

THERE it is!

The DIP

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That top is still a VERY Valid wave 2 (ii). And the rest of the path still plausible.
But now that we have a new Impulse, we need new measurements.

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Zoom IN (1 min) for a Preliminary fib of this drop waiting for confirmation (ping) at either of the 236's. if not, need a different placement.

Watching closely, will update as possible.
(If something more happens before I pass out from lack of sleep).


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