There is no problem with the upward direction. Concussion builds the bottom, a good thing. Bargain hunters. The outbreak is not far away. good luck!
The market shows that FET has just completed a wedge-shaped breakthrough and is stepping back to confirm support. Well, it will continue to rise afterwards. The recent target is 1.15.
I have already pointed out in the relevant analysis on October 28, 2021 that the reversal and pull-up seems to have begun. Continue to be optimistic about 100,000 Bitcoin in November, and will completely bid farewell to the five-digit figure after 2022. The market has gone to the present, according to the wave pattern, this is more likely to be a bull market...
The Bitcoin market has come to the present, showing us a seemingly very clear potential ABC adjustment pattern. In this form, should I pass 57,000 or 53,000? It can only be verified step by step.
From the previous relevant analysis, it can be seen that Bitcoin seems to be taking a very standard and clear three-drive pattern. Now, it has broken through perfectly, and has just finished stepping back. good luck!
This analysis is based on what I personally think is the possibility of being extremely conservative . Ethereum's wave patterns and fluctuation ranges are relatively standard and clear. The conclusion is the two target ranges in the figure: TP1 5140-5460. TP2 6360 6580.
Its wave shape is relatively clear and strong, so let's verify it in time.
This is the result of the analysis of bat harmonics alone: If BTC's upward attack cannot completely break through the 61300-66000 range, it cannot be regarded as a complete reversal of the market. The probability of going down to 44,000 is very small. Combined with Elliott Wave, 53000 should be the limit. I plan to analyze it separately.
It will repeat Sept 29 - Oct 21, TP1 83,000, TP2 100,000 .