Bitcoin is totally caught up in the Winter Olympics. It has climbed into the upper half of the turquoise jump between $39212 and $46233 and right now is observing the wind regime to decide whether it should go a bit higher still or jump already.
We still grant Bitcoin some room to finish wave in magenta at the upper edge of the turquoise zone, but it should not rise above $46233 to maintain our primary forecast. We expect it to jump off and float downwards, aiming for the perfect landing with wave in magenta.
We still grant Bitcoin some room to finish wave in magenta at the upper edge of the turquoise zone, but it should not rise above $46233 to maintain our primary forecast. We expect it to jump off and float downwards, aiming for the perfect landing with wave in magenta.
