Assuming Japan raises interest rates in June, based on the characteristic that there is always a stage rebound high point (within 6-7 weeks) before each sharp decline, I predict the upper limit of BTC's rebound two months in advance: it could be very close to 96,000, which is the upper Bollinger band on the weekly chart. This is the most ideal trend for the next six weeks, and the probability is not low, aligning with the trend of oversold rebounds on the weekly chart. It may take about 6-7 weeks to reach this point.


Assuming the high point is 96,000, based on the characteristics of the decline in the third main wave of a bear market, the lowest point of the sharp decline correction is calculated as 96,000 - (96,000 - 59,800) * 1.214 = 52,053.
Wow, seeing this number, what does it make you think of? It closely matches the 52,000 figure derived from another calculation method in my pinned prediction post (assuming the third main wave exists this year).
This formula is a result of my repeated calculations and summaries based on several major bull and bear swings over the past few years. It is a crystallization of wisdom.
In the 2022 bear market, I deduced the bottom this way and traded the bottom around 17,000, holding until it exceeded 96,000 before starting to clear spot positions.
Therefore, whether the third main wave exists or not, it definitely requires a super negative event to trigger its formation.
The lowest point of this main decline wave can be precisely locked within the range using the formula: starting point - (starting point - previous main wave's lowest point) * 1.214 (this coefficient generally ranges between 1.214 and 1.386, not exceeding 1.386).
Everyone can save this method and lock in the position early, then share your “surprise” with me.
If you lock it in early, firstly, you can approach it with high-altitude orders to take profits, and secondly, you can buy the bottom early.
As soon as Japan's interest rate hike is implemented, you can start preparing immediately.
BTC-1.25%
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