🚀Will Bitcoin survive the fourth wave of the supercycle?🌠

17 dic 2020

●● Mine scenario
● 1W

On the left is a variant of count of the SP500 index, in which the wave ((5)) of V forms a diagonal. On the right is a variant of count of BTCUSD, which assumes a sideways correction by the wave ((4)), as part of the final wave V of (III).

● 1D

Probably, wave (B) of ((4)) is forming a single zigzag (double), followed by a decline in wave (C). The critical level for wave (B) of ((4)) is 36900, if it is broken, then wave (B)> 200% of wave (A), which is unacceptable in triangles and, most likely, in flats.

● 4h

Count of the wave structure in the 4h interval. The first targets for wave iii of (v) are located at the level of 24470, at which point wave iii will equal 1.618 of wave i.

The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.