BTCUSD to 90K

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BTCUSD Will likely top out @ ~90K
  • Bearish cycle (12345) wedge was broken (A) and tested (B) with (ABC) correction to 0.5
  • Consolidation (WXY) around 0.618 of the bearish cycle
  • Breaking of the intermediary wedge and 0.5 of the bearish formation on (1) first impulse
  • Bottom of the bullish wedge touched (1) end
  • Testing of the intermediary wedge after breakout (2)
  • Breaking into the bullish wedge (3)
  • Bounce on 0.764 (4)
  • Limit testing upper side of the bullish wedge around 90K
  • (ABC) correction around 0.764 of the whole (12345) likely
  • Limit testing Lower side of the bullish wedge around 55K 0.618 of the (12345)


snapshot

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Note
- Bounce on 0.618 (4)
- Limit testing upper side of the bullish wedge around 90-91K
- (ABC) correction around 0.764 of the whole (12345) likely
- Limit testing Lower side of the bullish wedge around 55-56K 0.618 of the (12345)
snapshot
90KBitcoin (Cryptocurrency)Chart PatternsfibspatternsTrend AnalysisWave Analysiswaves

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