$BTC TOP 20
Added 2024-03-30 22:28:33 +0000 UTCThere has been very little movement from $BTC and $ETH this weekend, in spite of this long weekend. $BTC continues to test the $69k level all weekend too which should not come as a surprises to us....a rejection of this level and we have Wave A confirmed....a hold of support above this level and $BTC can go higher to $82k to the 3.618 Fib.
I am leaning towards this being in its corrective wave now as shown but we do have a very large catalyst event in terms of the halving event in Mid April, so nobody can say for definite if Wave 5 is complete.
What we can say is that if $69K can not hold, I believe Wave A completing is next, moving down to the 0.38 Fib at $51k.
Comments
On possibility that the recent movement has been the a and b?
PEZ
2024-03-31 07:24:52 +0000 UTCIf it goes to 82K there is a thought that this will be end of bull market cycle, if it goes to correction mode then what will happen to bull market scenario, alt coins, halving and etc… very difficult to analyze this
Baktash Azizi
2024-03-30 23:12:57 +0000 UTC
