Are we in for a 3-wave cycle in BTC? 👀

13 ก.พ. 2024

#Bitcoin Keltner Channels 📈

The current BTC cycle is often compared to the cycle of 2020 or 2016. Well, let's consider what if this cycle is different.

In the first cycle, we did not have substantive and protracted corrections. The second cycle had a more pronounced mid-cycle peak, and a longer consolidation after it, and even then the 2nd wave of movement.

The current cycle can have a 3-wave movement. What does this indicate?

💡For example, if now the ETF inflow continues to be positive, and in a month everyone will understand that the halving is very soon, this may lead to the fact that there will be no substantial corrections for another 2-3 months.

📝The third wave will begin already after a decrease in sales from miners and an increase in liquidity from lowering interest rates and infusions into the economy.

9 ก.ค.

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📊 In 2023, I outlined this 3-wave pattern using Keltner Channels, and it’s still unfolding perfectly.

📝 Remember when BTC was trading between $75–80K and I said that wasn’t the end, and we’d see new ATHs? Exactly that happened — we recently reached fresh highs.

💡There’s still a bit of runway left in this final wave, but if you’re cautious about risk, now might be the time to consider taking partial profits. Bitcoin’s story is far from finished, but we’re nearing that exciting cycle peak. Stay alert. This is where the real thrill and potential volatility begin.