Great analysis! I like your idea about the elliott wave counts and think that will almost certainly play out as we attempt to break the decending wedge. When it breaks I agrre that we will see another very nice rally in the cryptospace. As for your 70,000 call, I think it may be a stretch to see bitcoin at 1.3 trillion market cap.. but hey I never thought that we'd see 20,000 this year so maybe you are onto something!
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