I expect the expected correction in the ETH/BTC pair, the ABC zigzag or the WXY double zigzag will probably be formed.
TP1 - 0.042 TP2 - 0.031
❌ Cancellation of this idea - breakdown of 0.08562
注释
Hello everybody!
Most likely, wave A, represented by the realized wave plane ABC, has already ended on October 23, 2023 at the level of 0.051 or very close to such a logical conclusion.
I don't know what fundamentally happened, but the charts say that from now on the whole focus of Bitcoin will shift to using Ethereum in 8-12 months.
ETH should be stronger than Bitcoin. Growth in wave B will be able to reach the wave (5) level of 0.08562 and even slightly exceed it to the 1.236-1.382 fib level.
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Achieving levels TP1 and TP2 from the main ideas is highly doubtful. This can be said with certainty when more evidence is obtained in the use of the B-wave plane.