#BTC 🚀 Bitcoin's Diametric from 2010 Low: Wave-b Still Unfolding
Bitcoin's Diametric from 2010 Low: Wave-B Extending
Bitcoin's current structure continues to validate the Diametric pattern starting at the 2010 low. We've been anticipating that we are midway through a historic wave-b that is far from done.
🔵 Wave-b Made New All-Time Highs
🟡 In the last 6 months, Bitcoin made all-time new highs, which is a powerful signal that the 2022 low started a new bull market cycle.
🟡 According to NeoWave a.k.a. a strong trending asset doesn't need wave-x to break wave-w's low.
🟡 This further validates that the rally is incomplete and Wave-B still forming.
🟡 Currently, Wave-B is around 200% the size of Wave-A which is a common ratio in a B formation. This ration reinforce that we're likely in a powerful wave-b extension, not a reversal.
🔵 Wave-b Likely to Peak Late 2025 or Early 2026
🔵 Back in January, I wrote:
...the all-time new highs during Wave-B... tell us Wave-B has many months ahead.
🟡 That still holds true – and we now have weekly and monthly charts to support this:
* Momentum remains strong
* Structure is incomplete
* No macro sign of exhaustion yet
🟡 Expect even more all-time highs before wave-b concludes - possibly late this year or early next.
🔵 What About Wave-X and Beyond?
🟡 Based on current slope and momentum, wave-X would be from an intermediate place.
🟡 Wave-X's low, which supports the ongoing upward push from now into our peak.
🟡 The strength and verticality of the current rally imply that the post-peak pullback (i.e. Wave-X) may be even larger than the first bull market's rally from 2010.
🟡 That would put the last leg of the Diametric (Wave-c) into an unprecedented price zone potentially 3-5x from here.
🔵 Final Thoughts
🟡 If you're looking at Bitcoin through the lens of NeoWave, this isn't the end - it's the midway a powerful impulsive wave that still has fuel.
🟡 Prepare for more volatility, more ATHs, and a higher wave-b peak by late 2025 or early 2026.
