📈 Pair: BTCUSDT (1W / 1D View)
🔍 Pattern: Broadening (Megaphone) Formation
🌀 Structure: Macro Wave (4) within Wave (5)
⸻
Technical Outlook
Bitcoin has been consolidating inside a megaphone (broadening wedge) pattern a structure often seen in wave 4 corrections.
This phase has been choppy and emotional, shaking out overleveraged positions while institutions accumulate quietly.
We’re currently testing the lower boundary of this formation, which aligns perfectly with the 0.382–0.5 Fibonacci retracement of the entire wave (3) leg.
That confluence suggests this could be the final shakeout before the macro wave (5) expansion phase.
⸻
Key Confluences
• 📊 0.382–0.5 Fib retracement from wave (3) high
• 🧭 Trend-based Fib 1.0 projection aligns with the lower megaphone line
• 🔥 RSI divergence visible on the daily and weekly momentum cooling, but structure intact
• 🧱 Strong horizontal demand zone overlaps prior subwave (4) area textbook wave (4) behavior
⸻
What to Expect
• Scenario 1 (Base Case):
Quick liquidity sweep below support (~104–106k), followed by a reclaim and weekly close above 108k, confirming wave (4) completion.
➡️ Next target zones for wave (5): 150k–170k (Fib extensions 1.272–1.618).
• Scenario 2 (Invalidation):
Weekly close below 98k would extend the correction into a W–X–Y structure, delaying the next impulse.
⸻
Summary
“They’re shaking the megaphone before the breakout 🎺 the final breath before expansion.”
Wave (4) corrections are designed to test conviction, not break structure.
If the megaphone pattern holds, the next move could be the parabolic end of this macro cycle.
🔍 Pattern: Broadening (Megaphone) Formation
🌀 Structure: Macro Wave (4) within Wave (5)
⸻
Technical Outlook
Bitcoin has been consolidating inside a megaphone (broadening wedge) pattern a structure often seen in wave 4 corrections.
This phase has been choppy and emotional, shaking out overleveraged positions while institutions accumulate quietly.
We’re currently testing the lower boundary of this formation, which aligns perfectly with the 0.382–0.5 Fibonacci retracement of the entire wave (3) leg.
That confluence suggests this could be the final shakeout before the macro wave (5) expansion phase.
⸻
Key Confluences
• 📊 0.382–0.5 Fib retracement from wave (3) high
• 🧭 Trend-based Fib 1.0 projection aligns with the lower megaphone line
• 🔥 RSI divergence visible on the daily and weekly momentum cooling, but structure intact
• 🧱 Strong horizontal demand zone overlaps prior subwave (4) area textbook wave (4) behavior
⸻
What to Expect
• Scenario 1 (Base Case):
Quick liquidity sweep below support (~104–106k), followed by a reclaim and weekly close above 108k, confirming wave (4) completion.
➡️ Next target zones for wave (5): 150k–170k (Fib extensions 1.272–1.618).
• Scenario 2 (Invalidation):
Weekly close below 98k would extend the correction into a W–X–Y structure, delaying the next impulse.
⸻
Summary
“They’re shaking the megaphone before the breakout 🎺 the final breath before expansion.”
Wave (4) corrections are designed to test conviction, not break structure.
If the megaphone pattern holds, the next move could be the parabolic end of this macro cycle.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.