I don't think this analysis is accurate. Most crypto is headed to a major bull run in the upcoming weeks. Wave C has already completed and the huge amount of volume (peak since 2015) suggest a reversal trend has happened. So back to business, bull as usual.
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I agree, that C is completed. That is my retrospective, so I post 2-weeks old charts here. We have already passed that stage for example:
We are far away from there at the moment.