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BTC trajectory idea, wave 5 is remained...

Diupdate
Disclaimer
- It is not recommended to invest, and the analysis is organized for study.
- This conclusion is the result of examining the momentum from the data-driven model I am personally making with the wave theory.
- The reliability of the drawn conclusion is very low, so please refer to it as just one idea.

The main wave, which started in 2018, has finally reached its final stage. It is the fifth wave that is going to renew the previous high.
The reason I trust this idea is that:
- log scale chart
- extend wave III with fib ratio 2
- resistance of volume profile (weak)
- Channel condition (when extension, exceeding. and partial wave is in channel)
- Wave C of this decline retraces Wave A by 1.38 and overlaps with the end of Wave 4 with a slight error. (If this section collapses, the perspective is discarded.)
- Due to the inflow of funds caused by the QE policy due to Corona, liquidity increased and wave III was extended.

I don't know where the previous wave started, so I don't know if it will rise afterward or if a great reset will start.

Below is the condition of the found wave.
It can be checked in candles on a daily basis.
(YYMMDD / target price)
Wave zero: 181214 / 3224
Wave I: 190626 / 13764
Wave II: 200313 / 4607
Wave 1: 200408 / 7454
Wave 2: 200416 / 6500
Wave 3: 201201 / 19956 (1.618)
Wave 4: 201211 / 17629
Wave 5 (Extended): 211110 / 68958
fib ratio of retracement is 1.618
wave 5 consists of an extension of the first wave.
Wave III (Extended): same with Wave %
fib ratio of retracement is 2.
Wave A: 220124 / 32937
Wave B: 220328 /48192
Wave C: 220618 / 17605
Wave IV: Same as Wave C.

Wave V:
1) failure case: ??? / 43236
2) normal case: ??? / 77053

This is my first post, so the chart may not be attached.
Catatan
Um.. I think I was wrong.

I'm expecting a big drop next week or next week.
(Personally, the downtrend lasts 2 weeks, small short on Monday 7/3 and big short on Sunday 7/15.)
We expect the short-term bottom to form at 17.2k or 14.4k (based on Binance Tether futures chart).
good luck. everyone.
BTCUSDTrend AnalysisWave Analysis

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