Bitcoin Extending
Because of the manner if which price has extended I am still looking for a proper wave 4 and OMH that will get BTC closer to it's ATH of just under 70k. I did a cursory check of contributed ideas on trading view and there appears to be many people calling for a top.
Currently, there is nothing suggesting that.
Currently we are in the beginning areas of a wave 5 target area, but with no wave 4 to discern, this is still wave 3. MACD is not registering the highest reading as it should in a wave 3 due to the overlapping ending diagonal to conclude wave 3. I am awaiting a wave 4 to begin in earnest...followed by a final push higher for completion of a wave (i) of cycle 3 eventually much much higher.
Best to all,
Chris
Currently, there is nothing suggesting that.
Currently we are in the beginning areas of a wave 5 target area, but with no wave 4 to discern, this is still wave 3. MACD is not registering the highest reading as it should in a wave 3 due to the overlapping ending diagonal to conclude wave 3. I am awaiting a wave 4 to begin in earnest...followed by a final push higher for completion of a wave (i) of cycle 3 eventually much much higher.
Best to all,
Chris
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.