BTC- 2 (2024/2025 rally) looks very similar to 1 (2021 rally). RSI reflects the same pattern as well. We'll see
Overview 2013 - 2021 Elliott Wave Supercycle Count. Historical .786+ Fib Retrace. 2021 target range approx. .786+ 19K-16K-13K range (unless market structure changes). -2013 Rally to approx. $1175. Corrected just below .786 fib level ($253) hitting approx. $162 -2017 Rally to approx. $19982. Corrected just below .786 fib level ($4387), hitting approx....
.786 has been the flavor of the last 6 years when it comes to corrections/bear markets. This is an illustration showing the following: Yellow lines/pink arrows indicate lows Green arrows are highs Orange arrows indicate .786 fib levels Yellow box indicates potential ladder entry zone Red line is the 6200-5700 strong support You can also see the sideways...