This falls in accordance with Scenario 1. I actually made this at the very beginning of (Green) Wave B, but was not sure if this analysis was good enough. After waiting a bit the data seems to show support for it.
I always like to keep my possibilities open because Black Swans are always there, but they're rarely noticeable. The ABC corrective wave seems too short in my opinion, so I am leaning towards the first scenario, but nevertheless I like to be prepared.
I see two possible scenarios happening. In this scenario, Bitcoin just finished its 0-A Wave and is now on its A-B Wave. The resistance and Fib retracements seem to favor this scenario the most.
During the very early years of Bitcoin, and cryptocurrency in general, there began the mania. I'm talking about before 2015. This mania was centered around the Dark Net markets and cryptocurrency was mainly used as a means to achieve extreme transaction privacy. You could make a transaction to anyone in the world without a bank, or any regulatory stature and you...