BTC NEXT MOVESo mine last prediction was wrong (you can correct me by analyzing it).
You can clearly see that past two breakout took almost 1month to down and we have to wait to see where BTC will go further down or up, It could be see in next 15/17 days(OR BTC "might be" go down in somedays because of inflows).
DISCLAIMER:
I'm still leaning/beginner, So if you go and trade according to my analysis then be careful, I'll not be responsible of any of your profit or loss
"You can correct me or teach more regarding to this analysis"
Btcpriceprediction
BITCOIN extremely bullish wave countIf we reclaim above 50.2K this will be my primary / most probable count where we still haven't completed wave 1 of bigger wave 5 and are currently in wave 5 (yellow) of 1 (orange) of bigger wave 5 which will end around 59-61K region and will give a retrace towards 40K region where I would expect price to take out that liquidity I mentioned on chart before starting a monster wave 3 towards 120-130K and then retrace for wave 4 towards 80-90K and then last leg up towards 150-160K.
Reason due to which I think this will be most probable if we reclaim above 50.2K is because if you compare wave 2 and wave 4 in yellow then you'll they are almost took same time and also are of almost similar length on log chart.
BTCUSD Stay Alert ,BTC bull trap ?Just a reminder of how $BTC traps people in correction of same degree by bouncing off golden pocket zones of fib extensions before dropping to 1:1 ( see how close it came to 1:1 in 2018 bear market bottom) . And this correction is of same degree of 2019-2020 drop and 1:1 of that is on marked price
BTCUSD Bullish countThis count is based on thinking that we've bottomed out already ( which I think we haven't coz of time relationship with EW). But there's one case which can make this count pretty much valid and probable that's if we get rejected from 52-53K region and then hold around golden pocket zone of last impulse from July (marked on chart) and then get range bound in between these 2 levels till end of year and then taking off for wave 5 towards 130K with initial Target at 85-90K. And also the most important thing for this count to become validated is holding 52.5K region as a support when we get above it and reject from around 58K region ( most likely we'll see Rejection from that zone coz that has huge amount resistance and supply zones).
BTCUSD IS BULLISH - creating Harmonic Extended Crab Pattern BTC USD is creating an Extended Harmonic Patterns - The Crab Patterns
B point retraced XA by Fib 0.618 (13102) level
C Point is retraced AB between 0.786 and Fib 0.886 level.
Now D point in the process of forming the important Fib extension of XA which is 1.618 level ( 29000 )
That is the projection as of now for BTC-USD in this bull run.
Once it reaches 29000 level only then I can see the reversal.
On reversal CD will form an extreme wave, which will be any where from 2.24 /2.618/3.14/3.618 levels projection of BC.