WYCKOFF DISTRIBUTION AND ELLIOT IRREGULAR FLAT CORRECTION 3-3-5
Updated
Sometimes you have to look to the chart with an open mind, and than you see things, nobody likes to see.
Including yourselve.
My main motivation for this chart is:
1. Bitcoin blockchain transactions are in decline (see blockchain info)
2. Bitcoin blockchain adresses in use are still below the 2017/2018 peak.
3. Bitcoin USD sent in blockchain still below the 2017/2018 peak.
4. At the start of all previous bull runs, all 3 above points where above the last peak.
Including yourselve.
My main motivation for this chart is:
1. Bitcoin blockchain transactions are in decline (see blockchain info)
2. Bitcoin blockchain adresses in use are still below the 2017/2018 peak.
3. Bitcoin USD sent in blockchain still below the 2017/2018 peak.
4. At the start of all previous bull runs, all 3 above points where above the last peak.
Note
Note
Note
My idea from 2019 wat standard ABC but know I believe 3-3-5 irregular flat correction to the same point
Note
60 K incoming!
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