BTC, selling pressure in Time Cluster

13 feb 2022

Bitcoin is going to close to Time Cycle Ratio of Elliot Wave forming here as a Ending Diagonal. Also, we have cluster of Alternate Time Projection measured by wave B. On the other hand, we have Extension of the time took by wave C. If we measure Price Reversal Zone of previous waves and combine it to timing pressure, we can distinguish reversal arias on the chart. In my opinion, the market can form an other Contracting Triangle and then the price can break the total structure starting an other downward.

Best of luck!