Bitcoin (BTC) Forecast with NEoWave(Update4)
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
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,
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