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shakeout ahead

If the pattern looks like this,
yeah, the larger trend looks exactly the same (& the market should decline dramatically)

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Target 1= $ 38300 (29 Dec 2023)

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Trader asked:

< where is your stop loss, sir? >

My reply:

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a more nuanced picture

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Target = at least the 38.2% retracement of wave three

S&P500

BTC

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Boring!

You always have that one or two candles where you don't know where the hell it goes.

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market is as market does

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Update

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Expanded Flat - Wave A (wave C)

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Update

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Update:

Reuters 6 Jan 2024

" described as "minor" changes "

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Update:

What happens if bitcoin ETF is approved?

Reuters: SEC only asking for "minor" changes!

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do you remember? (Jan 5 Comment, Wave B = 123.6 of wave A)

BTC > $ 47255 ----> extremely bullish

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Update:

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The guardian: Thu 11 Jan 2024

(9:00 PM · Jan 9 2024) initial SEC tweet ----> panic buying

(9:26 PM · Jan 9 2024) Gary Gensler: bitcoin ETFs not yet approved -----> panic selling

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(WHO, WHY)

There is a little question unanswered between us:

WHO hacked SEC twitter account?

& a very basic question:

SEC accused by X of not using two-factor authentication after errant tweet, WHY?

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Update