Herewith an update on the BTC-USD and what I am currently seeing.
It seems like the 5 wave may be completed. High probability area for the 5 wave has been reached, which is the 2 / 2.272 extension of the proposed 1 wave projected onto the 4 wave.
Still watching this now to see if a further extension is possible to the 1.618-1.75 fib target. But we may have a truncation already or could end up with a double top.
Waiting for this retracement to play to confirm.
Will post updates soon!
It seems like the 5 wave may be completed. High probability area for the 5 wave has been reached, which is the 2 / 2.272 extension of the proposed 1 wave projected onto the 4 wave.
Still watching this now to see if a further extension is possible to the 1.618-1.75 fib target. But we may have a truncation already or could end up with a double top.
Waiting for this retracement to play to confirm.
Will post updates soon!