RFonseca1
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elliottwaves
waveanalysis
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Bitcoin is beginning a third wave on the 1D chart, aligning with the larger fractal structure. Based on this setup, potential take-profit zones are at $118,000 and $180,000. With confirmation from wave 1 on the 1D fractals, the most probable next all-time high (ATH) appears to be $180,000. As this third wave unfolds, we could see an extension towards the 4.25...
2
We are currently witnessing the development of a third wave on the 4H timeframe. Based on the familiar structure of previous movements, this wave could extend towards the 4.25 and 6.85 Fibonacci levels, making them potential take-profit zones. Following this, we expect a wave 4 retracement before a final wave 5 push, which could bring the price into the $3–$5...
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