Wave III is probably too largeHey guys and girls,
Here is an updated chart from my (Feb 29, 2024) post.
Preamble:
Several months ago when I said "stand-pat" I said it for a purpose and my purpose is right here now,
(all targets have been achieved)
The market is trying to tell us something!
As shown on this chart, Wave III is a fairly clear five (BTC is completing the fifth wave ((5)) of the third leg III of a 5-wave rally )
The Grand Super cycle from 2019 :
Wave ((3)) > 161.8% of wave ((1))
Wave ((5)) > 261.8% of wave ((1)) ----> Wave III is probably too large!
As a result, wave III is still not complete!
So
there's only one thing to do!
Appendix:
Further updates to follow 👇