Bitcoin WAves
In my opinion, the Bitcoin waves are shaped like this, but the end of the fifth wave is uncertain. From my perspective, if Bitcoin falls below 89000$ before touching a price above $110,000, it indicates that the end of the fifth wave was at 110000$, and it is now in the corrective phase of its cycle and it can touch 50000$ or lower.
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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.