Hello guys
Let's investigate about BTC through Elliot!
Wave 1 to Wave 4:
Wave 1 initiates the bullish trend.
Wave 2 consolidates into a flat or corrective pattern.
Wave 3 is extended, showing a strong upward trend (impulse).
Wave 4 forms a triangle or corrective structure, preparing for Wave 5.
As you know there are 3 common alternative waves 5 right now!
The first scenario is wave 5 be the %61 of wave 3! It means the current situation!
The second scenario is that wave 5 be as high as wave 3!
The third and the final scenario Aggressive Target (288,680.96 - 1.618 Fibonacci Extension)
Prepare for the moderate scenario ($146,754) but remain flexible. If the market displays speculative characteristics, the aggressive scenario ($288,680) becomes more probable. Conversely, signs of exhaustion at lower levels could limit the rally to $96,600.
Trade at your own Risk 👍
Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
