Bitcoin Wave 4 Invalidation Level - The Level To Watch

CME:BTC1!   Bitcoin CME Futures
Using the BTC CME chart as the most dominant chart, we what appears to be a fresh motive wave forming, starting from the 2018 bear market bottom. Wave 1 failed to set a new ATH, leaving BTC to retrace most of wave 1 in wave 2. Wave 3 was a massive leg up, followed by an expanded flat correction in the wave 4 zone. Wave 4 should not retrace into wave 1 or else it is invalidated. As long as this level isn't breached, what is to come should ultimately be obvious in hindsight to all.

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