bitcoin:native just reached my first target in the Blue box 0.382 fib retracement area. This is commonly a perfect wave 4 pullback, where Bitcoin would now start its wave 5 to new local highs. But something else just happened, and these are the scenarios I’m watching next. This 1-month move down just became a possible leading expanding diagonal as well, which is wave 1 or wave A. Meaning more downside in this case. Did Wave 5 move up just start, or is a diagonal correct, and we are going lower?
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