$BTC Wave 3? Just under 120K, mid-July 2022?
Mathematical calculation of Wave 3 based on Elliot wave theory.
This scenario considers Wave 3 to be equal in magnitude to Wave 1.
Remember one of the 3 impulse waves is often longer while the other 2 are equal.
Considering that, this is giving the minimum length of Wave 3 and expecting Wave 5 to be the largest one, but that it may be vice versa.
This calculation and prediction is based on the fact that $BTC hit ATH and invalidated all bearish thesis (except double top).
This scenario considers Wave 3 to be equal in magnitude to Wave 1.
Remember one of the 3 impulse waves is often longer while the other 2 are equal.
Considering that, this is giving the minimum length of Wave 3 and expecting Wave 5 to be the largest one, but that it may be vice versa.
This calculation and prediction is based on the fact that $BTC hit ATH and invalidated all bearish thesis (except double top).