Bitcoin – decisive move very soon!

You can see on the chart the A-B-C structure of each of five waves. If we take a look at the impulse waves 1 and 3, the subwaves A and C always form the divergence with the Awesome Oscillator.

Hello, everyone!

Bitcoin makes us nervous last week. I told you here that now the price is forming the Wave 5 of Wave C of Global Wave 4. In the current analysis I want to see the subwaves of waves from this Wave C.

You can see on the chart the A-B-C structure of each of five waves. If we take a look at the impulse waves 1 and 3, the subwaves A and C always form the divergence with the Awesome Oscillator. To answer the question, when the Wave 5 will end, we should see the divergence again. I suppose that we can see another one small drop to the $53000 to form the subwave C of Wave 5 before the new upside waves will come. It is vital for Bitcoin, we should not see this drop below $53000, because it means the analysis invalidation.

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Hello, Skyrexians! Recently I shared this article about OTHERS.D where I pointed out that this chart is about to print another one lower low. Now it’s happening, but this is

Hello, Skyrexans! The title of this article is made specially for haters. I see euphoria on each small drop of BTC.D and understand that altseason now will not happen. People

Hello, Skyrexians! Despite most of traders now already do not believe in correction for Bitcoin, USDT.D is showing the potential warning sign. For sure my global forecast for this chart

Hello, Skyrexians! Time for the negative article about BTC.D which is our favorite topic recently because I see now the euphoria again that altseason has been started. The answer is

Hello, Skyrexians! Let’s continue trying to guess when BTC will have a correction. This time it’s very likely, but I am not recommend to short this correction because this is

Hello, Skyrexians! It’s time to update my previous AVAX analysis because when I told that correction is over as usual I have a lot of haters in comments. They told