BTC in middle of bullish uptrend
BTC seems to be pushing up in as part of a wave 3 of a 5 wave structure. Expecting a small correction possibly around the 48-49 area with the final 5 wave ending around 62k ish.
Then a major correction back down to the 382 or 0.5 fib level. If 5th wave ends at 62, this may only be to 47-50k levels.
Timing wise, seems BTC consolidates/accumulates in it's 5 wave structures for roughly 2 months before correction. This would then put us in the first week of April where we would see this major correction if this plays out.
Then a major correction back down to the 382 or 0.5 fib level. If 5th wave ends at 62, this may only be to 47-50k levels.
Timing wise, seems BTC consolidates/accumulates in it's 5 wave structures for roughly 2 months before correction. This would then put us in the first week of April where we would see this major correction if this plays out.
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