If a 5th wave is approaching for BTC, it is likely to occur in November or December, with a maximum target of $120K or up to 5% above the upper trendline, allowing for some slippage. However, be cautious of potential corrective moves to the downside, which could reach as low as $72K before any possible upward movement.
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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.