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The pyramid is ready to crumble. Wave analysis of bitcoin

Timeframe: 1D

Now, for sure, everything that could be shown within the extreme impulse was shown by the cue ball (see the update from January 29). If there is no extension of the extreme fifth wave, then the cue ball has already gone into a deep correction lasting from two years.

The downward hypothesis will be confirmed by the breakdown of the 38600 level downwards, until then stretching options are possible, as in the video: vk.com/wall-124328009_21560

When it comes to trading and investing in the cue ball, I’m out of the market at the moment.


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