Bitcoin – even the best-case scenario will lead to collapse!

Hi all!

As you know, my main scenario right now is a small dump to $15-16k as bear market wave 5 completes a new bull market or rally after that, but today I want to show you an alternative scenario that is the reason I have 30% in crypto.

Let’s look at the 1D timeframe chart of the BTCUSDT exchange on the WhiteBit exchange. Here’s my main problem. According to trading chaos theory, wave 4 is usually the longest in terms of time wave. Assuming wave 4 ended at $25k when strong sell signals flared up, this means wave 4 was the shortest. Of course, this is also possible, but if the statistics tell us the truth, we can expect another boost to 28 thousand before the final dump. Of course, I don’t want that scenario, but that’s the market.

In this case, wave 4 can be represented as a flat correction – the worst form of wave 4 that we can imagine. In this formation, we can distinguish wave A, which is represented by an ABC zigzag, wave B, also an ABC zigzag, and now we can wait for a 5-wave cycle within wave C that will break the high of wave A. If this happens, then it is obvious that the market will collapse sharply to $15 thousand, but the bear market in this case will be longer.

Best regards, Ivan