Now that it is clear that BTC is not in a wave 4 triangle, it is much more likely that wave 1 is done, and this is yet another wave 2 correction.
You may not know what that means. It means that the more nested 1-2, 1-2, 1-2 waves we see, the higher bitcoin is going to go in the end.
This is what it looks like in the chart:
Don't look at the price depicted in the second pic (it's a logarithmic chart), it is just to illustrate wave structure.
BTC may end up in a much lower "upper price range", but with the same wave structure...
If you think this to be useful information:
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Have a nice day :-)
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