The Important Area
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According to Elliott Waves, we made 5 original descending waves on the daily frame, both for Bitcoin and the rest of the coins.
The price could take three bullish corrective waves and then complete the original bearish waves, or it could take a sideways wave trajectory and then complete the original bearish waves
Or has another opinion about the end of the bear market and the beginning of the original bullish waves
So this gray area has a share of its name!
In conjunction with the possibility of the price testing the downtrend, which supports the possibility of descending
Honestly, every possibility has its backing and strength
But the strongest reason that happened in my opinion, which is (breaking the bottom that formed the last top) remains a difficult number in the equation
According to Elliott Waves, we made 5 original descending waves on the daily frame, both for Bitcoin and the rest of the coins.
The price could take three bullish corrective waves and then complete the original bearish waves, or it could take a sideways wave trajectory and then complete the original bearish waves
Or has another opinion about the end of the bear market and the beginning of the original bullish waves
So this gray area has a share of its name!
In conjunction with the possibility of the price testing the downtrend, which supports the possibility of descending
Honestly, every possibility has its backing and strength
But the strongest reason that happened in my opinion, which is (breaking the bottom that formed the last top) remains a difficult number in the equation
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