BTC - Leading Diag off lows?

BTC is likely setting up a monster of a move higher, but if this diag path plays out it will crush late longs and offer those with patience a shot at much better prices than many currently think. IMO - BTC could be setting up the last leg of a leading diag off the lows, if this is true, then diags like to retrace towards their origin and this blue path would satisfy this need and a few other TA gems (most notable back-testing the last significant breakout at the 19k region). MUSING: If this does happen it will satisfy the count for RIOT that is shaping up as 5 waves off the lows for wave 1 and its ensuing wave 2 should retrace about 50-65% (this retracement would align well with BTC leading diag thesis). This would also suggest lower lows for most alts. Techs (see red rectangles) currently support this thesis. GLTA!
Chart PatternsTechnical IndicatorsWave Analysis

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