Wave-g of (d) has become completely similar to Wave-a in terms of price and then moved strongly upward, surpassing the end of Wave-f. As long as the price does not break below $117,000 and consolidate there, the price targets of $140,000 to $150,000 will remain achievable.
In my last post about Bitcoin, I mentioned that Mr. Powell's speech might cause the pattern to expand, and that’s exactly what happened—Wave G has slightly extended in terms of price.
My personal opinion (not a recommendation to buy or sell):
For Bitcoin, a long-term investment approach should be adopted, and short-term fluctuations should be ignored. These short-term fluctuations can merely provide opportunities for additional buying.
Good luck
NEoWave Chart
In my last post about Bitcoin, I mentioned that Mr. Powell's speech might cause the pattern to expand, and that’s exactly what happened—Wave G has slightly extended in terms of price.
My personal opinion (not a recommendation to buy or sell):
For Bitcoin, a long-term investment approach should be adopted, and short-term fluctuations should be ignored. These short-term fluctuations can merely provide opportunities for additional buying.
Good luck
NEoWave Chart
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.