Hello, community!
Today it's time for mid term BTC analysis update. In our opinion it's finishing the wave 1 of the last bearish global wave.
Look how perfectly the lower degree waves fitted the Fibonacci levels. Wave 3 has been ended exactly at 1.61 Fibonacci level, wave 4 reached the zone between 0.5 and 0.61 Fibonacci retracement of the wave 3.
Now we expect the soon wave 5 end. It has the target slightly below current lows. Then the corrective wave to the upside is anticipated. The max bounce target is
29K
. From this point the most rapid wave 3 to the downside is gonna happen.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
Today it's time for mid term BTC analysis update. In our opinion it's finishing the wave 1 of the last bearish global wave.
Look how perfectly the lower degree waves fitted the Fibonacci levels. Wave 3 has been ended exactly at 1.61 Fibonacci level, wave 4 reached the zone between 0.5 and 0.61 Fibonacci retracement of the wave 3.
Now we expect the soon wave 5 end. It has the target slightly below current lows. Then the corrective wave to the upside is anticipated. The max bounce target is
29K
. From this point the most rapid wave 3 to the downside is gonna happen. Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
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Access free SmartTrade terminal and automated AI bot at app.skyrex.io
