Bitcoin alternative scenario might be in play

٢٦ يناير ٢٠٢٣

Been a while I had taken a look at the bigger structure b/c it really seemed like a 5 wave thingy.

In general its possible this has been a full corrective 3-3-5 pattern already like this

A: ABC with A=C

C: That first tiny orange w1 couldve have been it and what followed was a super powerful w3 going beyong 8.236 implicating w5 to hit 16.236 which BTC has almost hit.

Also we see BTC has broken from the downtrend and has been now backtesting previous resistance as support.

Whats up next? Ill add another post for that!

Hold my beer pls

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No financial advice, do your own research, don't be stupid