Bitcoin
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Wave III is probably too large

1 605
Hey guys and girls,
Here is an updated chart from my (Feb 29, 2024) post.

Preamble:
Several months ago when I said "stand-pat" I said it for a purpose and my purpose is right here now,

Snapshot

(all targets have been achieved)

The market is trying to tell us something!
As shown on this chart, Wave III is a fairly clear five (BTC is completing the fifth wave ((5)) of the third leg III of a 5-wave rally )

The Grand Super cycle from 2019 :
Snapshot

Wave ((3)) > 161.8% of wave ((1))
Wave ((5)) > 261.8% of wave ((1)) ----> Wave III is probably too large!

As a result, wave III is still not complete!
So
there's only one thing to do!

Appendix:
Further updates to follow 👇

Stand pat!
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$ 92749
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Update

Wave 4 :)

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BTC

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BTC- Trade Plan No. (6)

Nov 13, 2024

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Top Assets by Market Cap

Bitcoin is now exactly half the size of Nvidia in market value

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BTC- Update

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BTC- Update

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Lesser degree: Wave C (ZigZag)

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Snapshot
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BTC- Continuation Pattern

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Snapshot
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BTC

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Snapshot

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BTC

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we will see
Trade ist aktiv
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BTC- Update!

Wave 4 --- > $ 83.5k (-15%)

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whale alert:

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,293 #BTC (224,263,430 USD) transferred from unknown wallet to Coinbase Institutional
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BTC, $ 96800

Wave 4 --- > $ 83.5k (-15%)

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BTC, $ 95900

Target = $ 83.5k (-15%)

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BTC- Do you see what I see?

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BTC

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BTC- Elliott Waves

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BTC

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BTC- what happens when a false breakout occurs?


Mar 14, 2021 (60k ---> 50k (-18%))

Snapshot

Nov 22, 2024 (100k)

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BTC


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BTC- Update

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BTC

Snapshot
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BTC- Watch out

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BTC- time is running out

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BTC- Update

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BTC- Double Top

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7 hours ago, Comment
BTC

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BTC- sell signal ($ 97600)

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BTC- Update (Daily time frame)

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BTC- Update (Daily time frame)

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BTC- Update

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How low will bitcoin go?

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BTC- medium term (Update)

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We will see
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BTC

The Bull-trap is set

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BTC

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BTC- You are here

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BTC- Update :)

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BTC- head and shoulders pattern ($ 95860)

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BTC- Bearish

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BTC

I told you so!

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BTC- medium term (Update)

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BTC

$ 94525

Any word from Saylor?
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BTC- Greed kills
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yesterday
Note
How low will bitcoin go?

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BTC- Update


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BTC-

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BTC

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:)

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BTC- Google- Artificial intelligence (AI)


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BTC- Bearish

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BTC- Elliott Waves

Update

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BTC

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Market Cap ($)

- 168 000 000 000

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BTC

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BTC- Update

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BTC

are you ready?

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BTC

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BTC

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We will see

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BTC-

They will understand soon enough ...

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BTC

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BTC

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BTC- Alternative wave count

Now we need a reasonable retracement amount!

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BTC- Bull trap

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(typo , $ 2640)


ETH - ---> I sold at $ 3640 (30%)
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BTC- simple moving average (SMA)

daily time frame


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BTC :)


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BTC- (alternative wave count)

Trade Plan
Short-Term overview
Bias: Bearish

Price = $ 95000 (Nov 28, 2024)
Target = $ 87500 (Dec 2, 2024, 20:00)
Stop level = $ 99001

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XAU/BTC ratio

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BTC- let's see what happens

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BTC- they sold at the top

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BTC

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BTC

$ 97000

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XRP

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BTC- phony waves!

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BTC- phony waves!

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BTC

:)

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Snapshot
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BTC- Update

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Haftungsausschluss

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