Bitcoin (BTC) Forecast with NEoWave(Update3)
In this scenario, if the Bitcoin price is maintained above $70,000, there is a possibility of a double combination pattern
In this scenario, if the Bitcoin price is maintained above $70,000, there is a possibility of a double combination pattern
In the previous analysis, I had considered wave-C as a double pattern (Flat – X – Reverse Contracting Triangle), but it seemed to have a degree problem
The price correction (Wave B) of this currency was in the form of a Double Combination with Big X-Wave.Then, a good demand for BNB was formed
Considering that waves (B) and (D) are similar in terms of time-price and structure and the structure of wave C is not an impulse
Bitcoin has broken the B_D trend line of the Running Neutral Triangle with strength and is currently trading at $98,000.