Bitcoin Update – Is an Expanding Triangle in Progress?
📈 We are following a complex structure that is developing on the current chart, and the signals now point to a possible Expanding Triangle based on pure NeoWave logic.
🔷 Wave C showed a clear contraction compared to Wave A
🔷 Wave D has now expanded by 161.8% of Wave B
→ This reaches the upper Fibonacci limit for the legs of the triangle, confirming that Wave D is emotional and directional, but still structurally valid.
What’s next?
🔷 Wave E is expected to:
🔹 Expand beyond Wave C
🔹 Possibly match or slightly exceed Wave D
🔹 Remain corrective (not impulsive)
🔹 Complete the expanding wedge with a visible emotional climax
If this develops correctly, we will have a fully confirmed Expanding Triangle, which will likely lead to sharp momentum.
🧠 NeoWave Reminder:
Only one leg in a triangle can violate the price/time contraction rule — and D has done so.
Wave E must now complete the pattern without breaking the visual logic.
📌 Closely observing the structure of Wave E. If it forms as a 3-leg correction and expands beyond C, this pattern will be confirmed.
