so where are we now. with all the case studies and info we have so far i think its quite evident that btc is short.
what we are looking for is the right time to enter into this short position to get the most out of the trade.
we do have a oppertunity to enter on confirmation of current conditions.
the overall context is bearish or the bias is bearish right now but the overall context of the market is bullish
any how .
the 1h time frame is currently showing signs that we could see the 3rd wave of a elliot wave pattern taking shape after we see a corrective wave. so we could see the second drop happening a good place to consider a short position back to 30 000
if we see a break on 30 000 than we can keep our trade running to see the final wave on the 1h time frame leaning over into the bigger final wave everyone is waiting for to happen i have a feeling that this could be the confirmation for the final wave we are looking at .
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