BTCUSD: optimism is premature

BTCUSD: I can hardly come up with reliable bottoming count - therefore I prefer not to discard further decline scenario regardless of unreliable ending diagonal count it is based upon.
Alternatively, I assume a C-wave count might be an option here as well; 5 waves extension to 8730 region could add credibility to this count though only corrective pullback from 8730 could provide us with prevailing bullish scenario.

BaseCase - BTCUSD - Primary Major - Apr-12 2030 PM (144 min)
BaseCase - BTCUSD - Primary Major - Apr-12 2030 PM (144 min)
BaseCase - BTCUSD - Alternative 1 - Apr-12 2021 PM (4 hour)
BaseCase - BTCUSD - Alternative 1 - Apr-12 2021 PM (4 hour)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.