end of the a-wave is 1.41iv or 1.61iv? you can follow the targets of the Shark or Cypher harmonic pattern of the top.
70K was the 4.23BC and a very strong resistance and 17.5K was the 3.6BC of the Fibo retracement level.
I think Bitcoin will never see a new price ATH again and will only have a reversal to remove the LS node above and after that with After that, it will go towards destruction with high momentum
Holding Yen is tough business these days. There's always Sats.
This Zone Is good for long entry please be care and manage your risk it is Just My Idea For a Trade :)
INDEX:SATSUSD BINANCE:BTCUSDT Just a longer term chart I wanted to share. *Using the SATS/USD ticker multiplied by 100,000,000 to get 1 BTC/USD*
This just fits too perfectly. I am afraid it is too good to be true, hopefully not though. according to this we are a week away from the absolute bottom of this accumulation phase.
Bitcoin is on the 2nd wave of the 3rd wave. it has touched the first bottom and after it completed the Wyckoff accumulation pattern could reach $34800 two times and again fall to $17000 or $16200 to create the double bottom and is prepared for the next cycle. the target of the next cycle is $760K.
Another simple chart but a closer look using the four hour indicator and some trend lines ect
Just ideas - I may post better but this gets the ball rolling.
Time: Weekly SMA 200 touch in weekly RSI important support in Weekly Best zone to buy for a long time
crab harmonic pattern: X=$0.00001536 A=-0.0.00000014 AB=0.61 XA BC=0.38 AB
I was looking for an index to find out the risk of war on the markets and made this index: (a*BTC+b*NASDAQ)/(c*GOLD+d*OIL) I choose the coefficients to scale the parameters and make them in the same order.
will Bitcoin break the purple curve to reach the blue line?
Bitcoin could repeat past cycles and reach 17K but 200 days moving average and CME gap recommends 23K.
Compare Time: weekly BTC and S&P 500 from 2011 until now and trend of both
Compare BTC/Spy/Total Assets US Blue Chart: BTCUSDT Red chart: Spy US Orange Chart: Asset of the Balance sheet of US Bank
crab harmonic pattern: X=2.53e-5 A=1e-8 AB=0.38 XA BC=0.88 AB 1.6 BC=1.43e-6 2 BC=3.59e-6 0.78 XA=5.63e-6 2.24 BC=6.39e-6 0.88 XA=1.13e-5 2.6 BC=1.58e-5 1.13 XA=6.32e-5 3.6 BC=1.73e-4 1.41 XA=4.52e-4 4.23 BC=7.6e-4 1.6 XA=1.95e-3