Friends, let's take a look at the Bitcoin (#BTC) 👑 price movement - 4h TF.
Back on November 8th, I told you that:
I expect the uptrend to continue soon, at least to the level of $92,046.
In general, the whole movement went according to my plan ✅ — the growth of the asset after my review exceeded 32% of the net movement, becoming another profit in my bottomless piggy bank 💰
What about the current situation?
At the moment the formation of the 3rd wave is underway 🌊, which will most likely end above the psychologically important level of $100,000, after which I would like to see 👀 the beginning of the correction in the 4th wave. I assume that it will take the form of a triangle and reach 0.236-0.382 ($87,075-$92,667) by Fibonacci - it will be an extreme decline before the continuation of the impulse growth 📈 with the aim of reaching the area of $120,000-$150,000.
Now I recommend to refrain from trading #BTC, the best solution will be to pay attention to strong L1/L2 projects 🔝, and of course the king of the altcoin market (Ethereum) should not be forgotten!
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