This is our macro view on BTC based on cycle based wave counts.
--> BTC is in the final leg down of a full macro corrective wave 4, nobody knows what the excact low would be.
Based on wavecounts, Fibonacci extension + retracement targets the most confluence is founded in the 13-11.5k zone (also the launchepad of the previous bullrun) with an potential overshoot towards 10k
We dont want to try buy the exact bottem, we always waiting to get conformation on a bottem formation or we buying at prices where we feel comfort with to hold for the next wave up.
--> BTC never was able to make new ATH's before the halving date. The next logical top should be in 2025
This is just one of the many scenario's we could think of, along the way with having more chart data our vieuw on this TA could change.
On wich prices are you feeling comfort to buy in without having any regret over the next years?
What is your trade plan?
Cheers,
Team Quantistic
--> BTC is in the final leg down of a full macro corrective wave 4, nobody knows what the excact low would be.
Based on wavecounts, Fibonacci extension + retracement targets the most confluence is founded in the 13-11.5k zone (also the launchepad of the previous bullrun) with an potential overshoot towards 10k
We dont want to try buy the exact bottem, we always waiting to get conformation on a bottem formation or we buying at prices where we feel comfort with to hold for the next wave up.
--> BTC never was able to make new ATH's before the halving date. The next logical top should be in 2025
This is just one of the many scenario's we could think of, along the way with having more chart data our vieuw on this TA could change.
On wich prices are you feeling comfort to buy in without having any regret over the next years?
What is your trade plan?
Cheers,
Team Quantistic
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scenario to watch out for :
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