Bitcoin Liquid IndexMis à jour What if BTC is still in Wave 4?
• Since Apr’21, BTCUSD has been consolidating in a range.
• Wave (2) was relatively clean and simple. Wave (4) is thus likely to unfold as a more complex and frustrating correction.
• Dubious speculation: the 69K top might be the end of the B Wave in a running flat correction, and we are still in the C Wave, (4) in the larger wave count, which will bottom at around a weekly close of 35K by mid-Mar’22. OBV corroborates with this possibility.
• If so, then assuming Wave (5) starts mid-Mar’22, and reflects the strength and duration of Wave (1), then we can expect BTCUSD to close a weekly at approximately 125K end-Oct’22.
• We should pay more attention to the charts as it nears 35K.
• Wave (2) was relatively clean and simple. Wave (4) is thus likely to unfold as a more complex and frustrating correction.
• Dubious speculation: the 69K top might be the end of the B Wave in a running flat correction, and we are still in the C Wave, (4) in the larger wave count, which will bottom at around a weekly close of 35K by mid-Mar’22. OBV corroborates with this possibility.
• If so, then assuming Wave (5) starts mid-Mar’22, and reflects the strength and duration of Wave (1), then we can expect BTCUSD to close a weekly at approximately 125K end-Oct’22.
• We should pay more attention to the charts as it nears 35K.
Note
It's coming. Keep your dry powder ready...Note
Even clearer on the 2-day line chart.Note
But let's be patient. This will be frustrating, and this is BTC that we are looking at. Keep calm and maintain mental frame. We should be ready for such fluctuations after these years :)Note
Daily (iv) forming at the moment. Waiting for the dump. Let's get this over and done with. This (4) has been long enough.Note
Let's try to close the weekly at ~34.6K. Let there be blood.Note
It seems Wave 4 is not over yet. One more low to *at least* test resistance at 34K.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.