Looking at the BTC chart, a quite interesting wave structure is visible. It is following a wxyxz pattern and is currently in the upper part of the z wave. If it continues in a normal manner, it could break the previous high of 76,000.



The second tooth of the three-tooth jagged structure shown in the wave chart has been completed. Now the next step, after a correction, should be the third tooth moving upward. This point is important because the next strong move could start from here.

Just keep in mind that this is only a structural analysis, not trading advice. The market never moves as expected, so risk is always present.
BTC-0.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin