This is an update to my larger timeframe analysis. (see Ideas below).
Currently looks to be in a wave 4 nearing completion.
That leaves a final wave 5 (capitulation spike?) that should test 3k or even pierce it briefly.
The fact that the drops have been more shallow, and the bounces stronger, tells me we are nearing a bottom.
I say ''a'' bottom as I am not totally convinced this will be ''the'' bottom, but the odds are looking better.
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Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.
First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:

Getting closer, I started to see a bigger picture coming together:

As it bounced, 4425 came into focus as the big hurdle:

After it topped at 4425, a rising wedge combined with EW waves pointed to a serious pullback:

So now zooming back out to the original large 5 wave impulse, targets are in sight again:

Currently looks to be in a wave 4 nearing completion.
That leaves a final wave 5 (capitulation spike?) that should test 3k or even pierce it briefly.
The fact that the drops have been more shallow, and the bounces stronger, tells me we are nearing a bottom.
I say ''a'' bottom as I am not totally convinced this will be ''the'' bottom, but the odds are looking better.
.
.
Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.
First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:

Getting closer, I started to see a bigger picture coming together:

As it bounced, 4425 came into focus as the big hurdle:

After it topped at 4425, a rising wedge combined with EW waves pointed to a serious pullback:

So now zooming back out to the original large 5 wave impulse, targets are in sight again:

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.