Bitcoin Overview
In this wave analysis, I outline my view on what will happen to Bitcoin in the medium and long term, and this analysis is nothing but a personal effort to brainstorm and find a path in Bitcoin, so
The descent from 64 thousand to 28 thousand was five waves and we consider it wave A
We've crossed 28 kilos so far. It's wave B.
Aim for between 38.2% to 61.8% of the length of A.
Ie at 42575-51083
If the wave is of the type (zigzag wave)
note
But if B is of type (a regular flat wave), then here we can arrive at 100% of the length of A
That is to the previous peak 64 thousand
But if it is of type B (an irregular flat wave), then it is possible here to reach 200% of the length of A
The correction is also calculated on the basis of 138.2% and some consider it not to violate the rules of the wave
Irregular apartment, provided that all rules are applied.
In my opinion, the subwaves of wave b
It is a double zigzag line.
Our code is WXY
3-3-3
We find that each wave consists of three ABC waves
We are now in wave C of wave Y of wave B.
That is, we are at the end of the corrective wave if it is of the type (zigzag).
With wave calculations according to
The end of this bullish wave will be in these areas
(50653 - 51083 - not exceeding 52663)
Provided we do not fall below 45564
In this wave analysis, I outline my view on what will happen to Bitcoin in the medium and long term, and this analysis is nothing but a personal effort to brainstorm and find a path in Bitcoin, so
The descent from 64 thousand to 28 thousand was five waves and we consider it wave A
We've crossed 28 kilos so far. It's wave B.
Aim for between 38.2% to 61.8% of the length of A.
Ie at 42575-51083
If the wave is of the type (zigzag wave)
note
But if B is of type (a regular flat wave), then here we can arrive at 100% of the length of A
That is to the previous peak 64 thousand
But if it is of type B (an irregular flat wave), then it is possible here to reach 200% of the length of A
The correction is also calculated on the basis of 138.2% and some consider it not to violate the rules of the wave
Irregular apartment, provided that all rules are applied.
In my opinion, the subwaves of wave b
It is a double zigzag line.
Our code is WXY
3-3-3
We find that each wave consists of three ABC waves
We are now in wave C of wave Y of wave B.
That is, we are at the end of the corrective wave if it is of the type (zigzag).
With wave calculations according to
The end of this bullish wave will be in these areas
(50653 - 51083 - not exceeding 52663)
Provided we do not fall below 45564
Comment:
Thanks and appreciation to the followers and I hope things are clear
Comment:
When do we reach these numbers, you should know that you are at the top of the mountain.
Comment:
After checking the router, which may be a flat wave climber
This means the next goal
1-47348
2- 48454
3- 49559 which is most likely
And I can say that we may not see the level of 50000
This means the next goal
1-47348
2- 48454
3- 49559 which is most likely
And I can say that we may not see the level of 50000
Comment:
Since we have not yet broken 45564
The upside scenario and achieving the target is still 49559 - (50653 - 51083 - not exceeding 52663)
The upside scenario and achieving the target is still 49559 - (50653 - 51083 - not exceeding 52663)
Comment:
Still the two most important points of all
47887 and 45564
If we want to go up and achieve the goal to the top, we must cross 47887
And breaking 45,564 we achieve the landing goals
These amazing points
This was the last ascent among these amazing points
After achieving the last peak at 48144
Coming down from that peak, the waves become tangled, and it's hard to read accurately
So we follow the most important points 47887 and 45564
Good luck everyone
Good evening
47887 and 45564
If we want to go up and achieve the goal to the top, we must cross 47887
And breaking 45,564 we achieve the landing goals
These amazing points
This was the last ascent among these amazing points
After achieving the last peak at 48144
Coming down from that peak, the waves become tangled, and it's hard to read accurately
So we follow the most important points 47887 and 45564
Good luck everyone
Good evening
Comment:
Obviously we are creating a knot triangle
Its internal structure is ABCDE
3-3-3-3-3
This type of wave comes at the end of the bullish wave, which is a clear indication of the end of the bullish wave and the reversal of the bullish to bearish trend.
I'll attach an analysis to make the picture clearer, but I don't have time for that right now
The important thing is that we know that we are at the end of an uptrend and that the reversal is very close from bullish to bearish
Its internal structure is ABCDE
3-3-3-3-3
This type of wave comes at the end of the bullish wave, which is a clear indication of the end of the bullish wave and the reversal of the bullish to bearish trend.
I'll attach an analysis to make the picture clearer, but I don't have time for that right now
The important thing is that we know that we are at the end of an uptrend and that the reversal is very close from bullish to bearish
Comment:
Sorry wave name
CONTRACTING TRIANGLE
CONTRACTING TRIANGLE
Comment:
Thank God the analysis agrees 100%.
And being the first bearish wave in five waves from 48053
to 45239
Now it will rise to 38.2 to a maximum of 61.8 of the length of this wave and then fall again
Congratulations on technical analysis, even if the wave before it was very confusing
38.8 equals 46313
61.8 equals 46978
The bullish wave ended completely and the highest point was 48144 and the other peak was 48053
It did not exceed 49559, which we referred to as the target or less
I'm really surprised.... congrats for myself first and you second
Warm applause guys
The real points were more than wonderful, especially 47887 and 45564
And being the first bearish wave in five waves from 48053
to 45239
Now it will rise to 38.2 to a maximum of 61.8 of the length of this wave and then fall again
Congratulations on technical analysis, even if the wave before it was very confusing
38.8 equals 46313
61.8 equals 46978
The bullish wave ended completely and the highest point was 48144 and the other peak was 48053
It did not exceed 49559, which we referred to as the target or less
I'm really surprised.... congrats for myself first and you second
Warm applause guys
The real points were more than wonderful, especially 47887 and 45564
Comment:
I am sorry for the speed of writing and my eagerness to transfer the information 38.2, not 38.8. There is an error due to the speed of writing
Trade closed: target reached:
Comment:
In fact, I congratulate myself and congratulate you on this analysis
Who was from August 13
The expected target was between 50600 and 51144
The highest peak was 51000
Thank you for following up and we will follow the descending wave after achieving the target 51000
Note: Confirmation of entering the bearish wave is trading below 49267
The following analysis after the completion of the first descending wave
Thanks to everyone who followed and commented
Good luck everyone
moneer 618
Who was from August 13
The expected target was between 50600 and 51144
The highest peak was 51000
Thank you for following up and we will follow the descending wave after achieving the target 51000
Note: Confirmation of entering the bearish wave is trading below 49267
The following analysis after the completion of the first descending wave
Thanks to everyone who followed and commented
Good luck everyone
moneer 618
Trade closed: target reached:
