Bitcoin is nearing the end of primary wave 2 of cycle wave A of supercycle wave 2. Primary wave 2 has taken the form of a zigzag. which would indicated a future 4th wave of the same degree to unfold as a sideways correction. From the beginning of the Bitcoin price record, the crypto king has carved out a standard impulse wave. Cycle wave 1 was extended, meeting the guideline of a single wave extension, followed by alternate impulse waves for cycle waves 3 and 5. Cycle wave 4 took the form of a triangle with perfect 61.8% alternate Fibonacci relationships. The complex wave within the cycle degree triangle was wave E, a triangle itself and hardly visible on this weekly timeframe due to the contracting nature of both triangles. The final wave of the first cycle wave extension and the fifth wave at cycle degree trend towards equality on log scale. Primary wave 3 within cycle wave a should commence shortly bringing significant declines ahead for Bitcoin.
Want to learn to count like me? Visit wavecounts.com for loads of content and a free trial.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Want to learn to count like me? Visit wavecounts.com for loads of content and a free trial.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。