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RE: BITCOIN - Mid Term View: NEUTRAL
Option 3, as described by @ew-and-patterns, is that your white wave 3 is actually 5, followed by an expanded flat correction where your 5 is B. This fits better to me because the decline off of your white 5 looks like 5 waves not 3, so this fits for a C wave. Or it could be A of a 5-3-5 ABC.
Thanks for sharing. That's possible too yes, however, my first count will essentially result to the same bigger count, which is that we're in the 3rd impulse wave. I will hit @ew-and-patterns up and ask what he thinks too. Cheers.
Correct, the ultimate outcome is the same so we’re all happy!