Here is an updated chart from my (Feb 29, 2024) post.
Technical Section:
Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did)
Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to top of Wave 3))
@BTC-XLM Thank you very much, I have a few questions? 1- In your opinion, in the top of bitcoin up to 100,000, will the altcoins also be pumped or will they have a drop there? 2- When do you think the alt season is going to start? 3- The end of this cycle is the end of 2024 or the middle of 2025 (for Bitcoin) Thankful
1- It depends (positive correlation - negative correlation ) , (Altcoins "may" get another run) e.g. ETH is highly correlated to the price of bitcoin. (Yeah, of course it depends! ) 2- BTC > $ 70k 3- (Wave 3) Sep 2024
Not before a slow bleed to 50k (then 60, 70, 80, 90, 100)
Meanwhile... ALT SEASON! (i hope!)