19 May 2021 ● 03:48 PM
Today Some people are calling this Shitcoin. But let's do the Elliott Waves. I have been calling for the A-B-C correction for a while. So after this morning's post on wave v of C down forming, now we can mark it as complete at the lows. But China will kill BTC? Maybe maybe not. But news always follows the trend and not the other way around. The world news is what usually causes wave 5 of C to unfold and bottom. Then everyone shorts the next rise and helps it go up. In other words, no matter what China does the short trade in BTC, for now, is over. The final confirmation is from a positive close today or tomorrow, whenever that happens.