BTC - Macro Chart. Ending diagonal is starting to print out on the larger TFs. The most harmonious chart I've found is on the 3D where you can imagine the curving towards the end of C. Lots of confluence for a bounce just around 17k, including a gap from late 2020, previous resistance all the way back in 2018 and more recently, a bounce from late 2020 once again. fib extension with those numbers gives us a 1.618 target for wave iii around 125k. This is obviously all very hypothetical and will need to be re-evaluated once the bottom is found, if it hasn't been found already.
This is my main macro count. I have an alt count where the correction could span a few more years (this being only wave C of A).
Trade safe.
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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.