From 14-APR high, there appears to be a clear 12345 Elliot Waves Pattern formation on BTC (using BTCUSDT - Binance daily chart).
Note
if the wave3 that I draw is correct and wave4 appears to be complex correction, I expect to see the wave5 go up to 60% price move of wave3 (i.e wave5 is at least 60% in length compared to wave3) - this should bring the price to around 26-27K mark. Expecting the 26/06 & 26/07 weekend in red.
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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.