$BTC #FlagPattern #altsesaon
#Bitcoin Chart Analysis
Today's update will be brief.
Bitcoin continues to undergo complex corrections around the $99,800 level.
We are still seeing patterns of ABC or WXY waves, so I decided to take a broader perspective using the 8-hour chart.
Based on this, I believe a flag pattern is likely to form.
Flag #patterns are often seen during the 4th wave in Elliott Wave Theory.
During such times, we often see an #altcoin bull run.
Therefore, I currently anticipate this scenario. After the 4th wave, we can expect a 5th wave, though it’s uncertain how long it will extend.
It could be short or long, so please keep this in mind.
Have a great day!
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