DegenNation

Wave 4 of the 5 of the 3 is complete after a complicated WXY new target 118K to 122K window. We will see how this finishes, either a slow grind higher or straight up then straight down.still in play but not as confident we reach the target could just hit an ATH and call it good.Is this the top I really don't know, but the count is there and the targets are hit. Macro looks frothy with the indexes at ATM highs as well, it looks like a good time to take some profits off the table and see if there will be a follow through or a decoupling from traditional markets. But if the indexes are done traditionally BTC is done and we get a rotation of capitol into other assets chasing yield. Should be exciting to see what transpires my guess is we are done and this is just a back test into resistance, I hope I'm wrong and crypto decouples and continues to become the new monetary system of the future with massive expansion and growth creating generational wealth for all that have taken that leap. I wish you good luck, but for me right now Im waiting on the sidelines watching.

It's a BULL market until it's not! Some how some way the markets will set new ATHs? I don't know how or why every macro economic indicator is yelling recession or worse but the chart tells me a different story. Bulls ball.....Final assent, wave 5 of 5 of 5, this is the end of the cycle.Will we get follow through past the target or will this be the top? If its the top expect a dip and a narrative to form to get Joe and Jane in the market and watch for the rotation of capitol begin into the RTY and other assets like commodities as investors start chasing yield. It's been a fun watch and I was surprised to see the market go higher after the expanding triangle high was completed, but here we are waiting to see what comes next. Good luck with your decisions going forward they will either make you more money or you will be picking up pennies in front of a steamroller.