BitcoinLong
BTC: Lost in wave 4
Hi all,
From the reaction we got at 3.5k it looks like we may be forming a corrective triangle, suggesting we're in the 4th wave of Bitcoin's super cycle.
As suggested by the chart, I am currently expecting a double top up at 10.5k, followed by a final corrective E wave. Remember E waves can be somewhat unpredictable until we can see how they are forming, so we may not see as low as 3k again.
As soon as we break the upper bound of the triangle following that final E wave, I'll be long-term long for a wave 5 to 30k++.
Thanks :)
From the reaction we got at 3.5k it looks like we may be forming a corrective triangle, suggesting we're in the 4th wave of Bitcoin's super cycle.
As suggested by the chart, I am currently expecting a double top up at 10.5k, followed by a final corrective E wave. Remember E waves can be somewhat unpredictable until we can see how they are forming, so we may not see as low as 3k again.
As soon as we break the upper bound of the triangle following that final E wave, I'll be long-term long for a wave 5 to 30k++.
Thanks :)
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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.