The illustrative wave is copied from 2020 (late November), where there was a flash crash like today.
5T+ in January? maybe yes, the potential exists.
trend based and channel fib levels can be found on the chart.
+ total is fresh ath and is successfully holding above it today.
Bitcoin Rainbow Price Chart Indicator
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STFM
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MD
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2020 Nov/Dec vs 2024 Nov/Dec, BTC
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correction already made? maybe yes. the price can be read in several ways
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I tried to create some kind of x logic with btc and total price pattern and this abc opportunity arose. On the small chart they are different today.
btc hints that next week 1w candle will close in green, lets see
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BTC
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btc
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Is the RSI looking for yellow support to make another rise like in 2020? You decide.
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Note that volume C may be coming, altcoin analyses suggest this. My altanalyses may be wrong but I am following them today (may receive private updates)
Chart PatternsTrend Analysis

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