Bitcoin
Short

expanding leading diagonal

117
The past week has been a tumultuous and volatile week for bitcoin, with Trump imposing tariffs and then having a 30 days' tariffs reprieve for both Mexico and Canada. Who knows what is going to happen next ?

I would label the volatile movement as a expanding leading diagonal. wave (1), with wave 5 overshooting the line from waves 1 and 3 and then retracing back 0.618 of wave (1) to form a (1)-(2) setup as depicted.

Target price of 74K USD as mentioned in the previous post remains intact.

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