The most recent pattern in BTC (white wave 4) looks very much like an EW triangle.

IF true, we will see one final push higher in wave B. It may even go as high as 14570$ to get rid of the short-sellers, without violating any rule for wave B.

The next crash right after wave B is still expected to occur. If BTC does push higher first, the drop will be more violent than previously expected.

If you think this to be useful information:


Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

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Have a nice day :-)

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