#BTC = Weekly Analysis = 19.12.2021 $BTC #Bitcoin #crypto #cryptocurrency #fintwit

This week $BTC made several well predicted moves and is expected to further follow the forecasted waves. It is getting closer to $43293.07 level. Today we are going to talk about what happens if this level is crossed before the end of month or in January. Let’s try to decipher the message from candles and forecast the next moves.

This daily overview contains:
– daily/weekly/monthly candle charts – analysis of candles and technical events;
– weekly EW chart and a long term forecast;
– short term EW chart and targets.

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2 thoughts on “#BTC = Weekly Analysis = 19.12.2021 $BTC #Bitcoin #crypto #cryptocurrency #fintwit

  1. Thoughts on BTC currently being in wave 5 of the ending diagonal you describe? My understanding of contracting ending diagonal is that wave 3 is shorter in length than wave 1?

  2. It is possible, but in such case wave 5 must be shorter than wave 3. Wave 3 simply cannot be the shortest.
    In practice, wave 3 is typically the longest, even in the diagonals.

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