Going back to the prior Bullish Exotic Dragon Pattern idea, it appears that there may be another leg left before reaching a top(maximum Exotic Dragon Pattern Target). This would suggest a retest of the prior high completing proregressive wave C in regressive wave 2 before resuming into regressive wave 3 within regressive wave C. Therefore Bitcoin's price is near the completion of this pattern structure before a strong decline will ensue.
In a prior idea that I posted I had suggested that the prior high was a Wave B in an expanded flat with a potential Wave C target near $17,500ish. This current idea( Bitcoin Potential BEARISH Wave 2 Flat In Regressive Wave C) is in continuation to the prior one and in my humble opinion.
All the best!
In a prior idea that I posted I had suggested that the prior high was a Wave B in an expanded flat with a potential Wave C target near $17,500ish. This current idea( Bitcoin Potential BEARISH Wave 2 Flat In Regressive Wave C) is in continuation to the prior one and in my humble opinion.
All the best!