Bitcoin Five Wave Structure Forecast (Weekly Level and 4-Hour Level Comparison)
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Weekly Level Five Wave Structure
1. First Wave:
Starting Point: 24901
Ending Point: 73777
Increase: 48876
2. Second Wave:
Starting Point: 73777
Ending Point: 49000
Retracement: 24777
3. Third Wave:
Starting Point: 49000
Ending Point: 128045
Increase: 79045
4. Fourth Wave:
Starting Point: 128045
Ending Point: 97855
Retracement: 30190
5. Fifth Wave:
Starting Point: 97855
Forecast Target: 146731 to 176900
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4-Hour Level Five Wave Structure
1. First Wave:
Starting Point: 66835
Ending Point: 93265
Increase: 26430
2. Second Wave:
Starting Point: 93265
Ending Point: 86668
Retracement: 6597
3. Third Wave:
Starting Point: 86668
Ending Point: 129423
Increase: 42755
4. Fourth Wave:
Starting Point: 129423
Ending Point: 113085 to 119330
Retracement: 10093 to 16338
5. Fifth Wave:
Starting Point: 113085
Forecast Target: 139500 to 139515
Please refer to the chart for operations, currently belongs to the strongest third wave, the target price at the 4-hour and weekly levels is only 1000 apart.
Buy on dips Buy on dips Buy on dips
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