BTC - The path to $74k

Btc is well on its way to $74,000 pull back area. The path is tradeable as a short, but will have steep counter rallies. See below. Murrey Math, Elliot Wave, and Kumar Wave are being used for this analysis. After this wave is complete, I am not sure that a new high will follow immediately afterward. A more protracted 3 wave multi year bear is certainly possible taking us down to the $50 - $40k range, but I will review that more closely after the shape of this decline takes hold. I would recommend shorts for now and then buys near the $75k level.