What next? I'll share here a little material from a recent price pattern comparison + some indicators that help determine the waves. It is possible to make many different theories at one point in time and even more so compare the current situation in different areas in history.
I took two areas where I can identify wave number 1(these two are in today's bull market), which I was able to accept as today's number 1. I count the peaks up to six, where six is today. Number 2 shows the loss of volume, where wave 3 confirms it.
Anything can happen, this comparison could be complete nonsense or something that reveals the truth.
In theory, there should be higher peaks in 2025 and if the cooling is true, it should rise back. With some other theories, I can expect more upside, but I'm watching the situation closely today. In the end, you decide whether it has value or not.
If this is wrong, it won't take long to see it or its truth.
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All corrections have reached a minimum red fib level, which creates something better than a temporary green. 89k is not even a minimum fib, think about it. It is clear that at least -20% or -30% are corrections, not smaller drops. and how much was today's 89k minus percent? you already know and if you don't know then get out of here. There is no guarantee that the minimum fib will come soon, but there must be some tactic to create an idea for yourself. Just one thing that supports this is historical comparison.
Did I say that btc will drop to a minimum of 86k or even 73k? No, I just suspect it. But unfortunately or fortunately, it is not ideal with all analyses. With new private analyses, I can perfectly accept it with bnb and eth coins and a few others. And then there are some other analyses that do not accept it.
+ you follow us500? Hardly, if you are, for example, a meme coin freak. its last waves show the loss of volume (it can rise but are the last or it seems so) and I also see it in bubble-inflated stocks, for example nvidia. Is this the beginning of the 2025 disaster or a blessing from God? no one really knows. BTC Market Cycle indicates that 2025 will be a strong volume. Remember that the market cycle is a copying of history, which does not always bring what we want.
stfm and rbc indicate a situation where btc will rise by about 200-400k in 2025 and the main volume on bitcoin is still coming, Very interesting.
Summary: pure porn in the market
Trade closed: target reached
Another historical comparison. there are interesting similarities!!, but the reality can be differentx)
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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.