BTC for wave 4 and only then move to wave 5?
As you can see, BTC has entered a very strong resistance zone, the current upward movement looks like waves 3, which could indicate a potential rebound in waves 4 and only then an upward movement in waves 5.
Overheating of the indicators is also visible on the RSI and STOCH indicators, which should translate into a healthy recovery. It is worth remembering BTC cycles in which, before the previous Halving, we could observe rebounds of 20-30%.
Overheating of the indicators is also visible on the RSI and STOCH indicators, which should translate into a healthy recovery. It is worth remembering BTC cycles in which, before the previous Halving, we could observe rebounds of 20-30%.