Now Bitcoin has really entered the danger zone. Target 1 of $98k has now been achieved.
In Elliott Wave we yield to the highest degree.
That means, even though we haven't completed 5-waves on the smaller timeframe (white count), we don't necessarily need to. A top could be in on the higher timeframes (stacked fives).
I'm not saying a top IS in.
I'm saying it could be.
And with what comes after that top, holding here is like picking up pennies in front of a freight train.
https://m.primal.net/Mcrd.png
Look at order books. It’s literally empty after $100k
It's hard to look at the price creeping higher and higher, like a balloon that's been over inflated and you know it's getting close...
True. But missed money is always better than lost money.
I don't gamble. High probability setups only.