Bitcoin appears to be a re-accumulation phase w possible HCHi
We have an apparent reaccumulation formation of the Wycoff theory, where we see a possible spring that has formed touching 53k.
It seems that it is also trying to form an inverted head-shoulder down there that would leave the price at approximately 80k. If that is confirmed, there is a high probability that the reaccumulation will be confirmed by testing the 70k resistance and the destination could be ROCKET TO THE MOON!!
This entire weekly structure seems to be a 3-4 correction of the Elliot wave theory, it coincides with the fact that a 5th wave would be missing (the Rocket)
It seems that it is also trying to form an inverted head-shoulder down there that would leave the price at approximately 80k. If that is confirmed, there is a high probability that the reaccumulation will be confirmed by testing the 70k resistance and the destination could be ROCKET TO THE MOON!!
This entire weekly structure seems to be a 3-4 correction of the Elliot wave theory, it coincides with the fact that a 5th wave would be missing (the Rocket)
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