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Estimated Timeframe for BTC’s Elliott Wave Progression
Since we are analyzing the 4-hour chart, we can estimate the time needed for BTC to complete each wave based on past price movements and typical Elliott Wave timing.
Wave Duration Estimate (4H Chart Basis)
Wave 1 (Completed) – Took around 2-3 days.
Wave 2 (Completed/Ending Soon) – Lasted about 1-2 days (retracement phase).
Wave 3 (Currently Forming - Strong Uptrend) – This wave is usually the longest and fastest, and it may take 3-5 days to reach $94,000 - $95,000.
Wave 4 (Short Correction) – A pullback after Wave 3, typically lasting 1-2 days.
Wave 5 (Final Push Up to
98K - $100K) – Can take 2-4 days, depending on momentum and market conditions.
Total Estimated Time for Full Move:
If BTC follows the Elliott Wave structure, a move toward $98,000 - $100,000 could take 7-12 days from now.
Short-term breakout (Wave 3 completion to $94,000 - $95,000) could happen in 3-5 days.
Market conditions (volume, news, and resistance levels) can affect speed, so these are estimates based on historical Elliott Wave behavior.
Estimated Timeframe for BTC’s Elliott Wave Progression
Since we are analyzing the 4-hour chart, we can estimate the time needed for BTC to complete each wave based on past price movements and typical Elliott Wave timing.
Wave Duration Estimate (4H Chart Basis)
Wave 1 (Completed) – Took around 2-3 days.
Wave 2 (Completed/Ending Soon) – Lasted about 1-2 days (retracement phase).
Wave 3 (Currently Forming - Strong Uptrend) – This wave is usually the longest and fastest, and it may take 3-5 days to reach $94,000 - $95,000.
Wave 4 (Short Correction) – A pullback after Wave 3, typically lasting 1-2 days.
Wave 5 (Final Push Up to
98K - $100K) – Can take 2-4 days, depending on momentum and market conditions.Total Estimated Time for Full Move:
If BTC follows the Elliott Wave structure, a move toward $98,000 - $100,000 could take 7-12 days from now.
Short-term breakout (Wave 3 completion to $94,000 - $95,000) could happen in 3-5 days.
Market conditions (volume, news, and resistance levels) can affect speed, so these are estimates based on historical Elliott Wave behavior.
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.
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.