BTC Wave Count Update - Bounce first, then Daily WaveC breakdown
I'm expecting a potential last small upwave (e), within the Daily triangle structure of abcde.
Last wave (e) may truncate/overshoot, given the FOMO nature of the newborn BTC market, I'm more biased to the later...
higher possibility of an overshoot to form a Bull Trap, triangle pattern gives 7800-8000 as upside target...before continuing down to form a higher degree Wave C, of an ABC correctional structure from 20,000 peak.
shall the 1st option fail to materialize, then a truncated wave (e) will take place instead, falling short of the 8,000 target.
Will update again as the wave progresses.
Last wave (e) may truncate/overshoot, given the FOMO nature of the newborn BTC market, I'm more biased to the later...
higher possibility of an overshoot to form a Bull Trap, triangle pattern gives 7800-8000 as upside target...before continuing down to form a higher degree Wave C, of an ABC correctional structure from 20,000 peak.
shall the 1st option fail to materialize, then a truncated wave (e) will take place instead, falling short of the 8,000 target.
Will update again as the wave progresses.