From TradingView · · 40s
Bitcoin 5 Waves for KRAKEN:BTCUSD
Bitcoin enters first wave of new bull market with 5 distinct waves predicted.
In brief
Bitcoin enters first wave of new bull market with 5 distinct waves predicted. Bitcoin is in its first wave of a new bull market with 5 distinct waves expected to follow. Originally reported by TradingView.
Bitcoin Bull Market Wave 1
Bitcoin is currently in its first wave of the new bull market with 5 distinct waves expected to follow.
Wave Patterns
Wave 1 lasted 68 weeks with wave 2 forming a widening cone and waves 3-5 being very obvious.
Market Prediction
Once the base is solidified, price should push toward discovery out of the parallel channel.
The main idea
Bitcoin is in its first wave of a new bull market with 5 distinct waves expected to follow.
