Bitcoin (BTC) Forecast with NEoWave(Update5)
The correlation between the Bitcoin chart and the Global M2 , as long as the price remains above $70,000,
The correlation between the Bitcoin chart and the Global M2 , as long as the price remains above $70,000,
we observe that after a rapid and significant rise, a correction in TOTAL3 has begun, which appears to be forming a Neutral Triangle pattern
Considering that the wave-(B) has taken a lot of complexity and time, it seems that the wave-(F) is not completed
In the 6-month cash data for Bitcoin, it appears that a Running Neutral Triangle is forming and we are currently in wave-D of this triangle
Based on the price size of wave-B, it appears that a flat pattern with a regular wave-B is forming. In this pattern,