BTCUSD | CORRECTION HAS NOT FINISHED YET
Instead of having simple ABC correction in 4th wave, Bitcoin is moving to complex one - WXY,
We have a Zig-Zag to 50% correction level for 3rd wave.
Probable future scenarios:
- one more Zig-Zag up to ~65k or even slightly more, and after it final Zig-Zag down to previous levels: ~52k-50k;
- final Zig-Zag from current levels down to the same levels ~52k-49k or slightly deeper to previous wave support levels ~45k-42k.
After that, Bitcoin will go to final 5th wave of bull cycle.
Hold your cash ready for one more deep dive.
We have a Zig-Zag to 50% correction level for 3rd wave.
Probable future scenarios:
- one more Zig-Zag up to ~65k or even slightly more, and after it final Zig-Zag down to previous levels: ~52k-50k;
- final Zig-Zag from current levels down to the same levels ~52k-49k or slightly deeper to previous wave support levels ~45k-42k.
After that, Bitcoin will go to final 5th wave of bull cycle.
Hold your cash ready for one more deep dive.
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