Bitcoin Enters Ending Diagonal Form. A Sharp Return to $18K OTW

25 Şub 2023

Bitcoin looks to find more upside action as the Ending Diagonal pattern begins to take form. A completon of this pattern solidifies the anticipated, sharp return towards $18K. 12K and below have been off the table for weeks now. Support near $18K would confirm this theory.

26 Şub 2023

Not

Instead of the Extending/Ending Diagonal, the Contracting/Ending Diagonal is also looking like a prime option. Obviously a 50/50 chance between the two but the smaller than expected movements in Wave 3 seem to suggest that this diagonal will contract instead of expand. We'll see, will update.

26 Şub 2023

Not

Contracting Diagonal appears much more likely than an Extending one.

3 Mar 2023

Not

BTC has dropped deeper than expected however, this should not change the outcome of the current fratacl.

7 Mar 2023

Not

$18K is coming sooner than expected...

9 Mar 2023

Not

Could be due for a move to 23K before smashing down towards $21K.