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,
Based on the price size of wave-B, it appears that a flat pattern with a regular wave-B is forming. In this 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