BTCUSD market view: wave B rebound after wave A
The fifth wave of the first decline cycle (wave A) is coming, and when it falls below the bottom of the parallel channel, there will be a trend of accelerating to catch up with the bottom($4900-4600), and then a rebound cycle (wave B) will also generate a five wave pattern, with the peak price around $7800, an overall increase of about 60%, and the time range is in the 2020 Q1.
If this opinion breaks through $7800 in the next two weeks, it will be declared invalid.
The above views are purely entertainment and are not considered as investment suggestions.
If this opinion breaks through $7800 in the next two weeks, it will be declared invalid.
The above views are purely entertainment and are not considered as investment suggestions.
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