2023: sideway in range $16k - $30k to form A-B of B of 2
2024: go up at least $48.5k to form C of B of 2
Wave analysis details:
Bitcoin has started sub-wave orange A of white A of yellow B of 2
Since sub-wave yellow A of 2 has 3 swings (A-B-C), so wave 2 is flat correction which sub-wave yellow B has to go above 61.8% of A (around $48.5k)
2024: go up at least $48.5k to form C of B of 2
Wave analysis details:
Bitcoin has started sub-wave orange A of white A of yellow B of 2
Since sub-wave yellow A of 2 has 3 swings (A-B-C), so wave 2 is flat correction which sub-wave yellow B has to go above 61.8% of A (around $48.5k)
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.