# Bitcoin 5 Waves for KRAKEN:BTCUSD

> Bitcoin enters first wave of new bull market with 5 distinct waves predicted.
- Title: Bitcoin 5 Waves for KRAKEN:BTCUSD · TradingView | Shortify
- Summary: 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…
- Keywords: bitcoin, kraken, btcusd, tradingview, bull market, wave pattern, business, finance, Waves
- Source: TradingView — https://tradingview.com/chart/BTCUSD/zph8PeQt-Bitcoin-5-Waves
- Published: 2026-10-20T16:50:21+00:00
- Read time: 1 min
- Topics: bitcoin, kraken, btcusd, tradingview, bull market, wave pattern, business, finance
## 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.
## Key takeaway

Bitcoin is in its first wave of a new bull market with 5 distinct waves expected to follow.