Green Box - Consolidation before peak Red box - From halving to Peak Black Box - From peak top bottom
Focus on colored boxes, We can say bitcoin historical pattern is possible this 2022 were bitcoin always consolidate before goes to parabolic moves.
elliot wave theory were at the bottom of wave4 and were heading to wave 5 soon, base on bitcoin historical moves it could reach the peak this june or july 2022 but if recession comes bitcoin will move higher this whole 2022 and early 2023, " IF RECESSION COMES" if not then june-july maybe max september.
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.