Bitcoin Time Monthly - Correction Forecast
Bitcoin Time Monthly - Correction Forecast
according to the chart
1- The red channel is the long-term monthly moving channel of Bitcoin
2- At the end of Bitcoin's movement, a small pink channel is formed, which is busy building a classic 5-wave pattern, and the 3rd wave has not yet been completed, and for this wave, the first target can be 52828 and the second target of the channel ceiling, i.e. 55175.
3- With the completion of wave 3, we will enter a strong corrective wave 4 before the Bitcoin halving, and this final target wave is around 32,000 to 34,176 at most.
4- If we have influence in the area of wave 1, i.e. the area of 31000 to 32000 of this correction; The pattern can be from 5 waves to correction abc and the final target of correction can be deeper and it can even attack the areas of 25000 or lower.
5- The monthly chart is a perfect model for decision making
according to the chart
1- The red channel is the long-term monthly moving channel of Bitcoin
2- At the end of Bitcoin's movement, a small pink channel is formed, which is busy building a classic 5-wave pattern, and the 3rd wave has not yet been completed, and for this wave, the first target can be 52828 and the second target of the channel ceiling, i.e. 55175.
3- With the completion of wave 3, we will enter a strong corrective wave 4 before the Bitcoin halving, and this final target wave is around 32,000 to 34,176 at most.
4- If we have influence in the area of wave 1, i.e. the area of 31000 to 32000 of this correction; The pattern can be from 5 waves to correction abc and the final target of correction can be deeper and it can even attack the areas of 25000 or lower.
5- The monthly chart is a perfect model for decision making
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