More Crypto Online, a YouTube cryptocurrency analyst, highlights that the current five-wave trend on the Bitcoin chart could open the door to an even larger trend. In the Jan. 12 video, the analyst suggests if micro support breaks on the Bitcoin (BTC) daily chart, the market can expect a wave four, triggering a larger wave five, assuming the market doesn’t pull back below $35,000. If so, the next wave four will be substantially larger than the wave four from the previous month, resulting in a bullish outcome.  You might also like: Bitcoin mining: record-breaking in 2023, facing challenges in 2024 More Crypto Online suggests nothing is bearish on the chart unless the market breaks $20,000. “I would treat any sell-off as a gift,” shares the analyst. “I have a hard time seeing Bitcoin come down to that level anyway

For more trading tips visit via my profile picture #BTC