BTC leading diagonal - BULLISH end to 2022?
Bitcoin seems to have just completed a bullish impulsive first wave in the form of a leading diagonal. This is characterised by a regular 3rd wave and an extended 5th wave, and 3 sub-waves of the main impulse waves following an a-b-c pattern.
This is usually followed by a choppy second wave following a 5-3-5-3-5 correction with a target of the .618 fib retracement
This is usually followed by a choppy second wave following a 5-3-5-3-5 correction with a target of the .618 fib retracement