Idea for BTC (summer & fall projection)
Full Disclosure: Noob
The length between the ATH (start of Wave 1) and the end of Wave 2 are practically perfect, as well as the end of Wave 1 to Wave 3.
In a perfect world, based on these perfect cycle lengths, Wave 4 would suggest a retrace to 32k by mid August... and if it stays below 32k (below Wave 1), Wave 5 would extend thru October into November.
But this would suggest we live in a perfect world, of coarse...
The length between the ATH (start of Wave 1) and the end of Wave 2 are practically perfect, as well as the end of Wave 1 to Wave 3.
In a perfect world, based on these perfect cycle lengths, Wave 4 would suggest a retrace to 32k by mid August... and if it stays below 32k (below Wave 1), Wave 5 would extend thru October into November.
But this would suggest we live in a perfect world, of coarse...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.