$BTC may have already completed its five-wave move up into the September high. If that count is correct, the rally could represent either wave A or wave 1.
The current decline still looks corrective rather than impulsive. Once this correction is complete, I’ll be watching for another move higher, potentially wave C or wave 3.
For now, the focus is on waiting for price to confirm a bottom before considering the next move.
#BitcoinFiveWeeklyLosses
The current decline still looks corrective rather than impulsive. Once this correction is complete, I’ll be watching for another move higher, potentially wave C or wave 3.
For now, the focus is on waiting for price to confirm a bottom before considering the next move.
#BitcoinFiveWeeklyLosses
