As we start to complete this five wave structure known as wave C it is tough to find the bottom for many. In my analysis I have found that we are on the 5th wave and have an extension on the fifth wave of the fifth wave. This wave should end around the 2.62 extension. It can go past this but this is the general area im looking for a pullback. Psychologically everyone thinks btc is dead and in the psychology of waves thats a good thing some signs of a wave one if we do see an impulse is questioning of survival mass depression etc.
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.