Posts
avatar

$BTC / #Bitcoin: Why even a rally toward $119,000 fits within my correction scenario. 👀 Since there were some recent follow-up questions: My short-term updates show smaller impulse waves within the larger structure. The expected rebound toward $80,600–84,000 is still part of the ongoing wave (B) (green). Here’s how the movements connect within my primary scenario: 1.) After completion of wave Ⓨ (pink), I expect a recovery as wave Ⓧ (pink) toward $80,600–84,000. The completion of Ⓨ has not yet been confirmed; if a lower low forms, the projection will be adjusted. 2.) Next, in the primary scenario, wave Ⓩ (pink) unfolds downward. I anticipate the completion of the larger wave (B) (green) at $72,574–61,099. 3.) Following that, I favor a rally as wave (C) (green) toward $92,000–119,000, potentially accompanied by a brief altcoin season and strong FOMO. This move would complete corrective wave b (red). 4.) Subsequently, I expect a strong sell-off as wave c (red) toward $39,100–21,600 to complete wave (2) (white). For the current short-term count: Above $84,867, I must re-evaluate; above $87,400, the alternative scenario described here becomes active. The later wave (C), however, requires prior completion of wave (B). Let’s go 💪 Knowledge is wealth. Recognize trends. Trade with foresight. TSC | Trend Serra Capital

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment