Sonny

PENGU

Watchout for a potential fakeout and bull trap tomorrow!

It is still a way off of the golden pocket for this wave 2 retracement. Whilst it doesn't have to go there, it's the most logical place to see a reversal.

If we get this move down to 0.023, I will be loading the truck because I think it has 100X potential over the coming months.

My primary count for bitcoin has been really bugging me recently. It just doesn't make sense.

If the move off the June lows was impulsive, it would be wave 3 of 3 in an extended macro 5th wave. In other words it's the most powerful, vertical move of the entire cycle!!!

Instead we've seen this really weak and limp grind up. Even though you can potentially count the subwave impulses, logically it's very weird!

I have a bad feeling that market makers have set us up for the ultimate shake-out... meaning, this move since June was corrective and we haven't even see the real impulse yet, setting up for a crazy running flat to wrong foot everyone.

We've never seen BTC break above ATH so pathetically like this before. Considering I expect a final drop mid-week, I think this EW count makes most sense.

Subwave 3 target based on subwave 1 from April (1.618 ext) is $175k

Let me know if you have any questions or observations.

195m (half day) level 3 bullish exhaustion signal on CLSK

Also daily level 1 bullish exhaustion signal on CRCL