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bitcoin is not going up to 1 million or anywhere close to that

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It's actually most likely in ABC retracement which if we just ended wave B, we should see a strong move down for wave C and no ETF bullshit will make it go to 200k or higher. However, there are always bullish and bearish counts. If we are really in a bullish uptrend we should see a strong move up sometime soon as this should be a 3rd wave impulse where we are now. I try to make things very simple so I marked everything in ABC, whereas a professional Elliot wave analyst would probably count it all somewhere different. To me, this is a big massive range with deviations marked above and below ranges. any support or resistance in between -the golden pockets .618 are to be bought or sold(.786 0n log scale in this photo). There are many support and resistance levels on the chart, which I'm planning to buy and sell, bet the main idea is here very clear, I want to see market structure broken on every support and then up for retest into golden pockets(linear). If we show bullish signs of resistance I will not short or sell my spot BTC and will be looking for higher. target to the bottom is around 6-7k and i don't care about ETF or any black swan shit, the only thing that bothers me is that when we reach below 10k I'm afraid that we might not be able to buy, because of something like coinbase going down, this actually is the thing that worries me the most. All the panic and bad news you would see at that price is a normal practice, just like you see all the bullish news here at the top at 48k

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my invalidation for ABC is above 60k, which means we could still go up to around 60k, for that we need to see some bullish signs on a bounce somewhere between 30-38k. It would make even more people bullish expecting new highs after halving

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we close 4h or daily candles below 40k bearish

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market structure change confirmed

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if we lose 44k it's bad news -or good news for me

Trader_Polo