BITCOIN ROAD TO $113K?
Updated
BITCOIN Short Timeframe Anaylsis 🌊
📊 Scenario #1: Wave 4 has completed as a WXY pattern, so we’re now targeting Wave 5 with potential levels at 0.618, 0.786, and beyond.
📊 Scenario #2: Wave 4 is still unfolding. If it extends further, we might be in Wave B heading into Wave C. The likely target range is between 88K and 90K, but exact levels are yet to be determined.
📊 Scenario #1: Wave 4 has completed as a WXY pattern, so we’re now targeting Wave 5 with potential levels at 0.618, 0.786, and beyond.
📊 Scenario #2: Wave 4 is still unfolding. If it extends further, we might be in Wave B heading into Wave C. The likely target range is between 88K and 90K, but exact levels are yet to be determined.
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🚨 BTC | 2H in-depth Analysis
Bitcoin has been consolidating for 10 days, and it seems to be forming a flat correction, likely with a 3-3-5 subwave structure. The potential reversal targets are 90K and 88K. While a triangle formation is also possible, it requires more data to confirm. For now, we’ll focus on the flat correction and wait for further developments.
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