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I think these two $BTC moves are quite similar from the EW perspective. Just because there are 5 waves up, doesn't mean it's an impulse
Everyone was counting 1-5 moves in the 2024 range as a first impulse (you can even cleanly subdivide them, exactly as now), but it went to sweep the low after. And I'm treating it the same here too. We could as well sweep the low or come just shy of it, but I'm of a belief this move, from July to Oct, was not a wave 1, but a part of a complex correction.