As early as when BTC stopped falling at 80,600, I already defined this wave of market movement — a rebound during the weekly downtrend, targeting the decline from 126,000 to 80,600. Currently, this rebound may have already ended.
Looking at the larger timeframe, the decline starting from 126,000 has two possibilities:
Blue: It is a simple three-wave decline, with the end of the entire downward move found in mid to early March this year. Afterwards, it will rise to 138,000+; at that point, BTC will complete the entire rally that started at 15,400. If this scenario unfolds, the tail of the bull
View Original