BTC Sideways Correction until end of May

From my perspective, BTC is currently in a fourth wave, which I believe will be a complex correction following the simple ABC wave in wave 2. This fourth wave is expected to move sideways between 26k and 30k until sometime in the second half of May.

I anticipate the start of a fifth wave after the sideways correction, with a target price of 35k. Following the completion of the fifth wave, the market may either continue with an uptrend or face a potential deep correction in the form of a WXY correction.


This analysis is based on my personal perspective and should not be considered financial advice.

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