COINBASE WOFLE WAVE SETUP: Bullish for BTC and CRYPTO?

There is a wolfe wave setup on the 4hr time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 367 which is expected to reach this price target on Dec 23rd.