This scenario is gaining traction: a leading diagonal is forming in wave 1, where the $65,000 level needs to be reached again before the $72,000 high in wave 2. It would then plummet to at least $55,000 before a first pause, followed by a move to the lows of that capitulation, perhaps reaching $50,000.
The $62,438 level would be invalidated because wave 5 would be larger than wave 3, which isn't possible in this type of structure.
I've already shared all of this in my private community,
and I'll soon make it available to the public (limited spots available)
Post #8671
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