Bitcoin is beginning a third wave on the 1D chart, aligning with the larger fractal structure. Based on this setup, potential take-profit zones are at $118,000 and $180,000.
With confirmation from wave 1 on the 1D fractals, the most probable next all-time high (ATH) appears to be $180,000. As this third wave unfolds, we could see an extension towards the 4.25 Fibonacci level, followed by a wave 4 retracement and a final wave 5 push into one of these targets—making $180,000 the most likely new ATH.
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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.