And how should the buyer demonstrate themselves in order to confirm their strength?
Until this point, #BTC has formed three waves of growth. Against the backdrop of all negative macroeconomic expectations, if it manages to draw a 4th wave and the subsequent impulse with targets above $83,000, that would be clear proof of the buyer’s strength.
Why does it make sense to look at the number of waves in a move?
Because a three-wave structure is more often typical of a correction. And if the market is able to form a complete five-wave sequence, then this is a move in which the buyer truly controls the situation.
Until this point, #BTC has formed three waves of growth. Against the backdrop of all negative macroeconomic expectations, if it manages to draw a 4th wave and the subsequent impulse with targets above $83,000, that would be clear proof of the buyer’s strength.
Why does it make sense to look at the number of waves in a move?
Because a three-wave structure is more often typical of a correction. And if the market is able to form a complete five-wave sequence, then this is a move in which the buyer truly controls the situation.
