Further updates on Bitcoin's H4 trend: Bitcoin has just completed 11 waves of the FLAT correction wave in the H4 frame. Currently, a bottom has been created at $60,000 Looking at the H4 frame, we can see that Bitcoin has just continued the first 3 beats of its 5 growth beats. The TenKan and Kijun lines both intersect and the upward trend is in the ichimoku cloud...
The market's recent 3-phase correction wave has caused the market to lose a relatively large capitalization volume. And complete my Cup and handle model. Currently, capitalization is about to make a big step into the market. Be ready
Similar to bitcoin, ETH has just finished correcting the 3rd beat in its double correction ABC wave: zigzag - flat - zigzag. This 5th wave C also has a dead end (very weak wave) and cannot withstand the strong uptrend of ETH. Keep your wits about you if you are an ETH holder trader
Bitcoin goes through 5 C beats in the double correction wave cycle in H4: The bit runs a zigzag x flat x zigzag wave, a double wave that is rarely seen in Bitcoin's strong upward cycle in previous beats. Bit actually did a pretty good job as a sentiment maker, making quite a few people "frustrated" about this season's cycle. Countdown to Bitcoin Halving
Candle W closed beautifully to actively trade up to the $81,000 area, effective setups for the uptrend are gradually revealed. April explodes!