BTCUSD, last wave of pumping and then correction will start

Ok at the beginning we should consider this, that the end of wave 5 is not yet clear or it is not completed yet so we are looking for 50K resistance(and also 0.6% of Fibonacci retracement level) as the end now.

after we reach that red zone or maybe a little more pump then the price can start correction as mentioned on the chart too.


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4H chart:

Comment:

1H update now and local Head and Shoulders that is forming: