Bitcoin / TetherUS
Short
Updated

Bitcoin : Wave 4 Not Complete Yet?

327
Based on my analysis, bitcoin is now in sub wave 5 to complete major wave 4.

I expect the price to complete the decline cycle in the TP3 zone or in the 423.6 fibo level zone which I highlight in the yellow box.

If you look at AO, the divergence between the two valleys has formed but is still not completely complete.

I expect AO to be a minor valey next.
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The above analysis still applies.

TF 15 minutes formed bearish hidden divergence.

snapshot

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