■ Bitcoin BTC has fallen so badly. Are you tired of losing money with all the fake stocks? Where is the end? If you are tired of losing money, be sure to read this post! Elliott Wave Theory can help you avoid pitfalls!

The middle 5th wave of the big three waves is extended, with two reversals, and the new high will not be until November 2024.

Then look at the trend of the big three waves. Last week's article "When will the next main upward trend come? Wave theory + Wyckoff distribution model + entanglement theory + 3-day BBI + weekly KC + 5-day CCI, help you make sustainable profits forever! " mentioned that the 5-day level third wave pull-up (5th wave) has been completed in fact!

The basis for this is that the monthly line will basically close in the negative this month, similar to the first half of 2021. The big three waves have ended, and the big five waves of 90,000-100,000 will not arrive until November in the second half of the year!

In addition, the big three wave cycle is 1.618-2 times larger than the big one wave, which is likely to be caused by the extended wave! The middle 1-4 wave cycle of the big three waves is consistent with the big one wave, and the middle 5 wave cycle of the big three waves is twice that of the first half of 2023.

The middle 5 wave of the big three waves, that is, the rise of 38555-73777, is a 5-wave structure, among which the small 5 wave is an extended wave, which leads to the middle 5 wave of the big three waves is also an extended wave.

According to the Elliott Wave Theory, the extended wave will never be the end of a round of wave movement. After the adjustment is in place, there will usually be two reversals:

The first reversal, from 60775 to 72797 on April 8 (the UT high point of the Wyckoff distribution model).

The second reversal, from 72797 to below 54312, is unlikely to fall above 48969. The extreme is to the lower track of the weekly KC (currently around 50956, rising every week, please check it yourself), and then a new high of 90000-100000 will be reached in November 2024.

That is to say, the big five waves will definitely reach a new high, and 73777 is not the top of this round of bull market! $BTC #波浪理论 #威科夫派发模型