In my previous analysis I erroneously pointed that we were still in the bear market. THE BTC BULL RUN HAS STARTED. We aren't going to be $5K as far as what I know. But we never know.
Remember, my wave targets and channels are estimate target levels and are based on Fibonacci and Elliot Wave Principles. They are subject to possible adjustments. Timeframe was not taken into consideration when projecting targets.
DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.
Remember, my wave targets and channels are estimate target levels and are based on Fibonacci and Elliot Wave Principles. They are subject to possible adjustments. Timeframe was not taken into consideration when projecting targets.
DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.
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The triangle assumption didn't hold as the correction is taking more of a zigzag shape. But nevertheless the bounce is near.
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Whatever the correction may be, this area I circled will hold.
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Chart has been readjusted
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