Bitcoin Wave 5 Forming - Possible Uptrend to 65k-70k
Given these assumptions about wave 5, all three possibilities arrive between 65k and 70k as final target.
"The three ways to forecast wave 5. First, wave 5 is inverse 123.6 – 161.8% retracement of wave 4. Second, wave 5 is equal to wave 1. Third, wave 5 is 61.8% of wave 1-3'
This assumes the correction is completed, but it was significantly quicker/shorter correction than the previous two found in this current bull run (reference below, this one is about 50% shorter duration but does land firmly in the median of the others).
This is invalidated if BTC breaks from its channel to resume further corrections.
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