🧐 Let's review the wave theory of the historical weekly trend of $BTC .
📈 From January 2019 to the end of November 2021, the upward waves of 1-5 were completed.
📉 The ABC adjustment wave from November 2021 to November 2022.
📈 From the end of November 2022 to the end of January 2025, a new round of upward waves of 1-5 was completed.
💡 According to normal projections, the ABC adjustment wave will begin at the end of January 2025, with the A wave of the adjustment wave completed from the end of January 2025 to the end of March 2025.
From the end of March 2025 to now, we are in the B wave of the adjustment wave, but the issue is that the rebound of the B wave has almost reached the starting position of the A wave of the adjustment wave, which is indeed a bit confusing. 🤔
🎯 Therefore, it is not easy to judge the subsequent trend. We can only assess the potential for an M head formation in the future based on the current weekly high point resistance range. This wave's rebound to 75k has also completed a small level complete structure of 5 waves.
Experts who have researched wave theory are welcome to provide guidance! ‼️
