BTC Bull Run 2024 Cycle Comparison
BTC is currently inside a falling wedge on the daily which is inside the bigger weekly timeframe analysis. Based on the last cycle from this area we could still retrace to the Golden Pocket aka the Premium Trading Zone. The wave analysis shows the 3rd wave complete and wave 4 in progress.. this is still valid as long as wave 4 does not go lower than the top of wave 1.. which would allow for more downside and history and price action to repeat themselves. As for now we wait and remain ready to trade what the market gives us.. up or down.
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