If no negative event, Btcusdt has completed wave 1 and 3 with equality. Wave 4 has developed in a triangle pattern. Therefore, we should be expecting an extended wave 5 which might terminate at not less than 1.618 fib extension of 1 and 3. If this hold btc will begin a journey to the moon. Simply put btc will be in its 5th wave of the first major circle.
However, if $44k support level is broken, then what we have is ABC correction which might send btc to a new low in preparation for a ABC flat pattern. This will present another buying opportunity at lower price
However, if $44k support level is broken, then what we have is ABC correction which might send btc to a new low in preparation for a ABC flat pattern. This will present another buying opportunity at lower price
