Technical analysis by DegenNation about Symbol BTC: Buy recommendation (2/15/2025)

Wave 4 of the 5 of the 3 is complete after a complicated WXY new target 118K to 122K window. We will see how this finishes, either a slow grind higher or straight up then straight down.still in play but not as confident we reach the target could just hit an ATH and call it good.Is this the top I really don't know, but the count is there and the targets are hit. Macro looks frothy with the indexes at ATM highs as well, it looks like a good time to take some profits off the table and see if there will be a follow through or a decoupling from traditional markets. But if the indexes are done traditionally BTC is done and we get a rotation of capitol into other assets chasing yield. Should be exciting to see what transpires my guess is we are done and this is just a back test into resistance, I hope I'm wrong and crypto decouples and continues to become the new monetary system of the future with massive expansion and growth creating generational wealth for all that have taken that leap. I wish you good luck, but for me right now Im waiting on the sidelines watching.