i think there is head and two shoulders now is been created on the 1hr chart as well with the 4hr rejection candle so my wave is the one from 94 k last drop to max peak 1. The wave sequence begins with **Wave 1**, initiating a bullish trend that lifts the price from earlier lows, establishing momentum towards new highs. 2. Following Wave 1, **Wave 2** formed a...
Bitcoin is showing signs of forming a classic cup-and-handle pattern, a structure often indicative of potential price movements. Currently, the handle appears weak, suggesting the possibility of a breakdown if support levels fail to hold. If this bearish scenario plays out, Bitcoin could retrace sharply, with a target as low as $91. The declining volume during the...