Description:
In my previous idea, I mentioned that the cup & handle pattern had already completed and BTC was likely entering wave (4) after topping near $123K in wave (3).
We are now seeing the correction phase begin exactly as anticipated. Price has rejected from the $123K resistance and is moving down, confirming the start of wave (4).
Key Points:
Cup & Handle breakout is complete.
Wave (3) top formed near $123K.
Wave (4) correction in progress — possible retrace into the $60K–$70K zone.
After consolidation, wave (5) could take BTC to new ATHs beyond $160K.
Patience here is key — this corrective wave is healthy before the final push.
Not financial advice.
In my previous idea, I mentioned that the cup & handle pattern had already completed and BTC was likely entering wave (4) after topping near $123K in wave (3).
We are now seeing the correction phase begin exactly as anticipated. Price has rejected from the $123K resistance and is moving down, confirming the start of wave (4).
Key Points:
Cup & Handle breakout is complete.
Wave (3) top formed near $123K.
Wave (4) correction in progress — possible retrace into the $60K–$70K zone.
After consolidation, wave (5) could take BTC to new ATHs beyond $160K.
Patience here is key — this corrective wave is healthy before the final push.
Not financial advice.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.