BTC appears to be completing its 4th wave correction, which is taking the form of a complex WXYXZ pattern. The structure suggests we're at the terminal phase of this corrective wave.
BTC appears to be completing its 4th wave correction, which is taking the form of a complex WXYXZ pattern. The structure suggests we're at the terminal phase of this corrective wave.
The price is right under the bottom line of falling wedge of 1M chart.
I recognized that there were bounce at the previous unbalanced volume zone on 1W volume foot print chart.
I think the price would go up to POC of long term trading zone which is seen on the chart.
I would take 6~12 months, that is over 2025.
