scenario 1: triangle correction for 4th wave that need the e wave that can Grove to 42-44k and then fall down for complate 5th wave of C.
scenario 2: ending wedge for 5th wave of C that we are in 3th of that.
The 5th wave of C still needs a finishing pattern, which will probably be a ending wedge impulse wave due to the formation of waves I and ii as ABC waves.
Please pay attention to my shapes, lines and hints.
32000-33000 is the best zone to start climbing(best zone for get long positions).
30,000 is the first red line.
In 26961, everything is canceled to end the downtrend and start the uptrend !!!!
The micro C wave of minor 4th wave of intermediate C wave of primery 2th wave is close to end and 5th wave of intermediate C wave of primery 2th wave is close to start. be carefull
Please do not be confused and pay attention to the shapes I have drawn
The price of btc in wave 4 in C is in correction 2 if it can not reach 46100. So the fifth downward wave still remains. And the price can be reduced to 29k-32k.
But after this fall, the third and biggest wave begins, which will continue until mid-2024.
But if the price can reach 46,100, it means that the bearish is over and we are in the first wave of the third...
In my tow senario we need to give 40K-42K first then go to 5th wave of last correction(5th wave in wave C).reedy for short and then for a big long.
what u think?
To complete the correction wave, we need one more wave as the fifth wave than the c wave. This wave can fall to 34k-29k. The correction is then completed and the btc goes up further.
To complete the correction wave, we need one more wave as the fifth wave than the c wave. This wave can fall to 34k-29k. The correction is then completed and the btc goes up further.
Bitcoin is in major wave C (see 1W) which completes with 5 waves and we are in the fourth wave.
The second wave is as sharp as a zigzag , so the fourth wave is wider.
In my opinion, the best wave for the fourth wave is the triangular correction wave up to 40 to 44, and then the 5th wave, which is the last correction and complement of the C wave, will reach 30 to 28.
