Great stuff! You're not the only one unable to make sense of this. We had the hangman on Dec 17th. Now if you look at the daily we are at the end of the fifth ABC today and we eclipsed that long red wig from Jan 17th. So we should be on our way to the old high of 8300 sometime in the next few hours. Now if I interpret your analysis correctly, it's analogue to my own, we should be doing the next impulse move up when we bounce of that low at or around 8300-8500 having completed 5 ABC corrections. That impulse would be the first third up with a wave up and then down mid Feb taking us over and below the 13888 that Cliff High has in his data.

I just don't see your primary count in the daily much less the 3 day or weekly. If I look at the Fibonacci numbers we should continue to go down hard in the next few hours and then hit that bottom wherever that might be and do the impulse up straight from the bounce.

The weird thing is and here I agree completely is that the chart as is doesn't make sense in the absence of market manipulation. After that hangman on Dec 17 we actually had a quite extended correction lasting 31 days and then had what I thought was an inverted hammer at the end of the week on Jan 26th BUT then we continued to go down making this a super long 40ish days correction. The waves today cannot be put in 3 or 5 sequence.

This only makes sense if someone with a lot of BTC is moving the market with targeted sell orders to drive the price down. In any case we are at the end of 5 and should be doing the first part of the 3rd up from here.

I'm no professional just sharing my view on this. Appreciate your analysis and sharing it here! Steem on!

Oh and I do think a few people own all the coins/money in this market. They're the smart money and big BTC holders and they will always be in every market no matter how far from the PTB you may think it lies, but that's just my two cents.