Btc 3-27 update 🐻

Good evening ladies, gentlemen, moon bois & girls.

I've got a special one tonight.

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A few days ago I talked about 47,777 being a local top - and we saw a pretty decent rejection from this level-
though, i don't think it's the top quite yet.

i think we've got 1 more leg to the upside before the next phase of the bear cycle begins.
I'm watching for a local retracement to back-test the recent highs(for sub-wave 4), before the final move up to around 51~53k(to put in sub-wave 5 of wave y of wave X of the higher degree.)
53k should in theory mark a significant top in the current market + give us a strong reversal to roughly 22k by July.
July 25th to be more precise.

Once this larger correction is completed, I do believe Bitcoin makes a run to 130k to complete the larger count.
98% of this market is bullish right now, but the wave structure does not fit the narrative of anything more than a bull trap.
watch for the final flush, before the real bullish move comes.

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Wave X Target = 51~53k
Wave Y Target = 22k.
Wave 5 target = 130k.

💰💰

ความคิดเห็น:

www.youtube.com/watch?v=4xrf03bS...