I measured out every wave & i'm happy this is a valid 5-wave structure.
A retrace down to 0.5 - 0.618 is likely here imo.
However 0.236 is good enough and I think we could see BTC move up from here into a wave 3 which would usually be the most powerful wave.
36K
, $47k and $62k are good targets for wave 3 completion.
A retrace down to 0.5 - 0.618 is likely here imo.
However 0.236 is good enough and I think we could see BTC move up from here into a wave 3 which would usually be the most powerful wave.
36K
, $47k and $62k are good targets for wave 3 completion.