April 28, 2024

Is there still a chance for crypto to grow? Bitcoin wave analysis

# BTC / USD
Таймфрейм: 1D

</strong>The cue ball broke the local counting: https://vk.com/wall-124328009_24236, but globally everything is still valid— the wave “4” develops in the phase of the beginning of the wave [d],instead of completing [e], as I thought earlier. Now may be a good point for medium and long-term entries into the crypt. I almost don’t consider the flat in wave “4” - they practically do not happen in the cue ball. Therefore, if the price goes below 29k, then it can remain there for a very long time, up to 15 years.

In general, triangles are usually caught from waves [e], butrisky comrades can try to enter directly on the market. And if you're lucky, you'll close above 200k per cue ball. If not, then stop at one and a half thousand dollars from the current price.
Is there still a chance for crypto to grow? Bitcoin wave analysis