Confirmation today. Here’s my proof of documentation. We’re near the bottom now. This peak on the AO needs to remain higher that the previous (annotated on the chart). Price will be lower but looking good. Global liquidity is still below price, so once price gets below that then things will start being more bullish. Till then, stay humble. Provide value. Keep in touch with my analysis if you wanna. image
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Just sharing my two sats here and documenting my proof of work. I tend to have a good track record (a couple of you have kept up with me to verify). Here's my latest: Monthly is showing a wave 3 (if you understand Elliot Waves), which is a big deal. Theres way more upside to go. Global liq is still below price. It needs to get above price first. It's almost there. We're in a typical B wave of some degree (most likely B after an A wave down, meaning C is left) which I am looking at a retest of 60,132. Target price to buy, and for a confirm of bottom: 50-58k within the next month or so. Lets check in on this in a few weeks. #bitcoin
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Happy to see another serious analyst on Nostr. I tend to see what you've marked as wave "3 of 3" as a 5 - the end of an impulse starting late 2022 - and what you have marked as "5 of 3," as a B wave, in an expanded flat, which is currently in a sub wave 5 of C. Either way, I also favor $50k as a zone for reversal!