BTC has formed a shoulder - head - shoulder pattern. The right shoulder has been the beginning of the first corrective wave A.
A new a-b-c pattern formed a second left shoulder, followed by the 2. head what was the end of the impulse wave B.
BTC is now in the third corrective wave C and has formed in the same time the 2. right shoulder.
I expect the end of wave C on or below the support zone (blue rectangle).
A new a-b-c pattern formed a second left shoulder, followed by the 2. head what was the end of the impulse wave B.
BTC is now in the third corrective wave C and has formed in the same time the 2. right shoulder.
I expect the end of wave C on or below the support zone (blue rectangle).
I expect the last impulse wave (5) to lead the price up to the last ATH - forming a double top - formation.
This could be the start of the next correction wave A B C.