Bitcoin $BTC is currently in the super cycle 3-2 wave or super cycle 3-3-2 wave adjustment.
Bitcoin fell below 97276, and lost the opportunity for a new pull-up (small-level 3-3 wave starting from 95130).
Currently, the WXY adjustment wave is confirmed, or even the WXYXZ adjustment wave.
In terms of wave structure, if it is a downward adjustment, it is a double zigzag or even a triple zigzag;
If it is a horizontal adjustment, it is a joint adjustment wave, followed by at least a platform type (three roller coaster abc between 91530-102734) or a triangle adjustment wave (abcde between 91530-102734)
Personally, I think the possibility of double zigzag is a little higher. That is, it may fall below 91530.
If it is a WXY adjustment wave, the adjustment will end faster, within 55 days
If it is a WXYXZ adjustment wave, the shortest adjustment time is 55 days, 89-144 days is not strange, if 233 days or 377 days is basically determined to be super cycle 3-2 wave.
How long will this adjustment take to end? Using the Fibonacci sequence, we can predict one or two:
34 days (January 20, 2025, close to the Spring Festival, it will fall during the Spring Festival, the possibility is small, short bear)
55 days (February 10, 2025, the thirteenth day of the year, look here first! No matter what, you have to fight, close to the Lantern Festival, short bear).
89 days (March 16, 2025, medium bear)
144 days (May 10, 2025, the extreme adjustment challenge time of super cycle 3-3-2 wave, medium bear)
233 days (August 7, 2025, can be identified as super cycle 3-2 wave, long bear)
377 days (December 29, 2025, fully identified as super cycle 3-2 wave, long bear)$BTC