BTBT / Daily

BTBT — 📊Technical Update
As outlined in prior updates, the projected advance of Minor Wave 5 may have resumed, with initial movements forming its first wave, followed by a correction in the second wave of Minute degree. Support is expected to emerge along the extension of the divergent equivalence lines, marking the second wave of the advance within Minute Wave ⓥ of Minor Wave 5.
This support zone would reinforce the potential for an extension📈 in Wave ⓥ within Minor Wave 5, suggesting the uptrend remains intact, with varying degrees of bullish structures still in play. The target remains unchanged at $9.10🎯.

Wave Analysis: Based on the Bullish Alt. Scenario (Weekly)
The entire advance since mid-April appears to be unfolding as Intermediate Wave (1) — potentially forming a Leading Expanding Diagonal, shaped like a happy shark!! This early structure may be laying the groundwork for much larger impulsive Intermediate advance within Primary Wave ⓷ (not visible on the daily timeframe).
The expanding diagonal signals a broader bullish shift, potentially anchoring a sustained long-term uptrend. Long-term structure continues to build — monitor closely for breakout confirmation and volume support.

🔖 For context, refer to the Weekly Bullish Alt. Scenario published on Oct. 1st.

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