#Bitcoin - (🇺🇸
Follow-up on the Expected Wave Path on the 4-Hour Timeframe
A Decline Followed by a Rise! 🚀
One of the proposed scenarios is the formation of an impulsive wave within a contracting diagonal pattern, representing wave (1)/(A). 📈
We expect a downward move targeting common correction zones, which align with the Fibonacci ratios of 50–78.60% of the length of the previous wave. 📊
If reversal signals appear from these areas, this could be a positive indication supporting the bullish scenario! 🌟 Additionally, breaking a key level may further confirm this outlook. 🔑
Bullish Wave Targets:
The target of the upward wave is to achieve at least a new high, and ideally reach 100% of the length of wave (1)/(A)! 🏆
BTC
90,255.87
-2.32%