RT1973

RT1973 Updated 

Updated Count with most recent Price Points Massive Bearish Divergence since Oct '23 which has yet to play out, pushing against the top of the bearish year long rising broadening wedge pattern, wicked over the 61.8% of ATH on the weekly.

RT1973 Updated 

Just a smaller TF to watch of my main idea posted for wave count

RT1973

Inside a whopping 17 year long bear flag, Looks like it may be an ABC Flat, expect a massive hit on Bitcoin if this plays out.

RT1973 Updated 

This is my current Elliot Wave Count of the wave 5 a B C on the Primary Degree (See also my Are You Ready for Capitulation Primary Degree Count Idea

RT1973 Updated 

With a Triple Top, its looking very likely this will breakdown tonight especially with 7.5 billion dollars of options expiring today and max pain level of 33k we would be looking at a 24hr 10k Dump in Progress, 2024 is year of the Bear as Blackrock prepares to capitulate long term Hodlers who didnt get in before 2015

RT1973

I believe the ETF was simply a FOMO event to get exit liquidity for the big players, and the capitulation event of 2024 has been planned for the central banks, institutions to create a massive supply through liquidations

RT1973 Updated 

Possible repeating fractal from the 9th November where there was an ABCDEFG Rising Wedge with Bullish Breakout on the 1st December month

RT1973 Updated 

Possibly in a Macro ABC, with the B wave topping out at around 60-60.3k around Christmas and dropping in the new year and what would be the end of the first actual full wave 1 & 2 on the Macro Wave

RT1973 Updated 

Looking at 41k, and 40.4k for Take Profit Zones after rejection from Supply on 45min

RT1973 Updated 

Could this be Wave C of the Primary Wave 1 & 2? If the Banks, Blackrock and all the other Big Money wants Bitcoin, this is how and when they would have planned to take it from you.

RT1973

Bitcoin would like to pass 44.4k apparently, its banging on the door like a crazy person

RT1973

Institutional Buyers know they will need to cause the biggest liquidation grab in the history of bitcoin to enable them to have enough supply available to fill their demand.

RT1973

Could the whales and institutions be preparing to shake everyone out of the market and create a surplus of supply to buy back at extremely low levels?