BTCUSD update. Apparently the previous analysis is working
This means that I am waiting for the bullish fractal to build. As a first step, I expect to see a steady uptrend up to twice the sequence of the previous fractal rising wave(1x). Its target price could be : 59576 usd. At this stage it is also advisable to watch the slope of the rise. If the slope is similar to the forecast shown in the chart, it is advisable to continue to follow the rising wave sequence. The previous plot incorrectly indicated the size of the second fractal rising wave sequence. Correctly, its size will be 4x the size of the previous fractal rising wave sequence (2x) shown in the blue squares.
