Current Model

I believe BTC needs an ending for the 3rd wave around 31k. Then expect a bounce through the trendline on the corrective 4th wave. 5th wave will retest trendline around 25k. I only see one major corrective wave, which took place from December 3rd to December 28th (wave 2). There is currently no other corrective structure proportional to this, which leads me to believe the 4th wave is coming after 31k.

NFA
BTCUSDBTCUSDTWave Analysis

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