Bitcoin with a few changes is still wave 4

Aug 6

Bitcoin is forming an triangular pattern a-b-c-d-e or a complex pattern w-x-y-x-z both of which can conclude with the panic low below the neckline at 52074. Holding this level we should see wave 5 unfold soon. 5=1 using the Fibonacci extension is placed at 100000$. BTC typically goes up when the dollar is falling so we have seen a divergence in trends in the short term but it should align quickly with the trends.