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Event ends: August 9, 16:00 UTC
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Bitcoin Analysis.
Bitcoin has corrected exactly 30% after a 35-week halving, which was expected and noted.
I had previously indicated a final uptrend.
The uptrend will either be a cycle completion wave and peaks or a corrective rebound wave. Monitoring, tracking, and evaluating the rebound during March and April will determine the type of wave and the direction of the entire cycle. There is no certainty about the direction of the current trend until 105,000 is breached and a week of trading above 105,000 is conducted.
$BTC
{spot}(BTCUSDT)
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