Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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looks like we are in a 5 wave decline from top (69K), where we currently are in the 5 th wave down. Wave 2 was a zigzag and wave 4 was a complex wxy. both 2 and 4 lasted 2 months = same wavedegree. We can expect wave 5 to be equal to wave 1 and therefore a likely level to bottom is 12 k.
In the short time we are in the red wave 2 . this could be finished, or we get one more move up to finish af bigger flat in red wave 2. We will see.
Comment
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Complex b wave. I Think it has finished as a zigzag as w zigzag as x and triangle as y.
Comment
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Still a flat. Complex b wave was a zigzag and flat as a combination