As Bitcoin is still trading below the resistance at $73 462, we are not convinced that the green wave 4 has already been completed. Instead, the price should once again approach our green Target Zone (coordinates: $58 655 - $47 012) to establish the low there. However, we must also keep an eye on the option of a more bullish development within the framework of our alternative scenario (45%). This option takes effect if the resistance at $73 462 is breached. It sees the price already in green wave alt. 5. The end of the green five-wave move should mark the end of the orange-colored wave iii.
