Just caught an Elliott Wave analyst's take on BTC and honestly, it's pretty bearish. They're suggesting the bull run might actually be over, which would mean we could see Bitcoin drop to $70K or even lower from where we are now. The current price around $73.91K doesn't look that far from that level when you think about it.

The interesting part is figuring out when a bear market actually ends, right? That's the million dollar question everyone's asking. If this analysis holds, we might be looking at a consolidation or pullback phase before any real recovery. Some people think we're just taking a breather, but the Elliott Wave folks are reading the chart differently.

Not saying this is definitely happening, but the technical setup is worth paying attention to. Curious what others are seeing in their analysis. How are you guys reading the current market structure?