$BTC 🇺🇸 Wave view within the daily time frame

🔀 The fourth wave is forming

It seems that the cryptocurrency $BTC is preparing for a strong upward movement after the strong breakout of the price channel! 💥 The price has succeeded in exceeding the ideal ratio for wave 3, which supports the hypothesis of the completion of this wave, especially with the availability of the necessary five-wave sub-waves, which form the backbone of the current upward trend. 📈

💡 Now, we are most likely in the fourth wave phase, which comes after the sharp rise of the third wave. Given the nature of the previous second wave, it is more appropriate to expect a sideways pattern in this fourth wave.

4️⃣ Possible correction areas for this fourth wave are shown on the chart

🎯However, if the key level of the correction pattern is breached, we will see the next upside wave heading towards the 117475.7 - 138058.37 area, indicating major upside targets for bulls! 🐂