MyTradingSpace_JK

BTC Daily wave count - target remain: 3-4k or sub-3k

Short
BITFINEX:BTCUSD   Bitcoin
An Update to the previous wave count...
So far, the price progression has been following WaveB (flat 335) prediction pretty closely...

Expect a Bull trap near the flat wave (c) top, a false break of 12k pivot LH, then a quick resurrection of the BEARs...
Comment:
prev wave analysis on March20 here:
Comment:
As the price progresses, now I have more info to update further on the underlying Primary Wave4 correctional structure.

It can be either a double-three (D3), or a triple-three (T3) structure.
Currently, I'm more biased to a WXYXZ, T3 structure, as illustrated below.

I try to keep the price levels prediction & time prediction as close to the dot as possible. But as market progress, this shall be updated & adjusted closer to reflect the latest market moves.

Comment:
I still maintain my initial correction bottom targets at 3-4k, or slightly below 3k.
And there's where I'll be going in with my kitchen sink, LMAO~

Buy & HODL till the new ATH!
Comment:
To help us survive the current 'winter' of BTC...
Here's what I predict will happen AFTER the correctional Wave4 ends.


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