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🚨Analyzing Gold-USD Chart🚨 🗣️In the realm of contracting triangles, a noteworthy observation emerges: A waves within these triangles exhibit heightened volatility but are comparatively brief. A new rule is considered, suggesting that when wave-a is part of reverse alternation within a contracting triangle, its duration might surpass that of wave-b. 👉Neowave Theory Projection for Gold's Time Relationship Last week's analysis, utilizing Neowave theory, projected that wave e is poised to conclude between the first and second vertical green lines. This projection implies a potential significant downturn for Gold to validate the scenario. However, a crucial condition is outlined—Gold must peak below this year's high for this outlook to remain valid. 👉Caution: All-Time High Impact It's imperative to highlight that any movement above the all-time high could trigger substantial changes in the overall outlook and structural analysis. Vigilance is advised as the chart evolves, considering the potential implications of such a shift. #BTC #Gold #ETH

🚨Analyzing Gold-USD Chart🚨

🗣️In the realm of contracting triangles, a noteworthy observation emerges: A waves within these triangles exhibit heightened volatility but are comparatively brief. A new rule is considered, suggesting that when wave-a is part of reverse alternation within a contracting triangle, its duration might surpass that of wave-b.

👉Neowave Theory Projection for Gold's Time Relationship

Last week's analysis, utilizing Neowave theory, projected that wave e is poised to conclude between the first and second vertical green lines. This projection implies a potential significant downturn for Gold to validate the scenario. However, a crucial condition is outlined—Gold must peak below this year's high for this outlook to remain valid.

👉Caution: All-Time High Impact

It's imperative to highlight that any movement above the all-time high could trigger substantial changes in the overall outlook and structural analysis. Vigilance is advised as the chart evolves, considering the potential implications of such a shift.

#BTC #Gold #ETH

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📉 Bitcoin Analysis Update! 📈 In the latest analysis of Bitcoin's price movements, several key observations have emerged: 🔹 Wave-I High vs. Wave-F Drop-off: The recent drop-off in Wave-I high appears slightly larger than that of Wave-F, indicating a significant shift in momentum. This suggests that Bitcoin may have reached a peak, particularly considering Wave-G's completion. 🔹 Potential Peak for Bitcoin: With Wave-G possibly over, there's a growing concern that Bitcoin could be in for an extended period of consolidation or decline. This scenario enhances the likelihood that Bitcoin has peaked for the foreseeable future, possibly leading to a challenging couple of years ahead. 🔹 Confirmation from Last Week's Statement: The assertion made last week, "*...The odds are Bitcoin has topped for the rest of 2024!*" remains active and relevant. Market dynamics continue to support this view, with ongoing price action on weekly and daily charts suggesting the unfolding of an expanding pattern from this year's high. 🔹 Expanding Patterns and Market Sentiment: Expanding patterns, as indicated by recent price movements, imply that each subsequent drop in Bitcoin's price will likely be larger than the previous decline. This dynamic challenges the prevailing perception that every low in the market represents a buying opportunity, highlighting the potential for prolonged downside pressure. Stay vigilant and informed to navigate the evolving landscape of the Bitcoin market! 📊💡 #BitcoinAnalysis #MarketInsights #StartInvestingInCrypto
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