I believe that BTC is about to complete wave 4 (Mid Term chart) with a diagonal in the area of 17500 +/- 300. If it powerfully bounces off that area with a motive wave, this would be the first confirmation of going towards 22-23k in the next few months. If it breaks through the channel line, well, the rally could be over.
From the previous update: “I have two sets of long term counts, red and green, red – primary (time will tell in about 6 months). Whether the current wave is C or III, I view that it is not done yet and would end in the area of 21600-24300 in February-March.”

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