Update to this idea from 6 months ago:
I thought the $30,000 level in June might be the end of a sharp wave 4 as the previous wave 2 was very long and drawn out; BTC then went up to a new ATH around the $69,000 level.
Since the $69,000 high BTC has pulled back quickly and in my opinion this is the second sharp wave 4 I mentioned in my June theory, it also hit the 0.382 level almost exactly before pushing back up.
If this is the start of wave 5 we could see BTC quickly climb back up above the $69,000 high to the $75,000 - $85,000 level.
There is the possibility for a more complex wave 4...
I thought the $30,000 level in June might be the end of a sharp wave 4 as the previous wave 2 was very long and drawn out; BTC then went up to a new ATH around the $69,000 level.
Since the $69,000 high BTC has pulled back quickly and in my opinion this is the second sharp wave 4 I mentioned in my June theory, it also hit the 0.382 level almost exactly before pushing back up.
If this is the start of wave 5 we could see BTC quickly climb back up above the $69,000 high to the $75,000 - $85,000 level.
There is the possibility for a more complex wave 4...