Technical analysis by bamdadsalarieh about Symbol BTC on 12/16/2023

Review: In my previous update on October 7th, I had the expectation that BTC will go to 46000 zone by end of January 2024. Update: Analysis of the Structure: We are in wave IV of C of (3). A fib target for wave (3) peak is 49926. Analysis of the Cycles: We are in the second 20D cycle of the first 40D cycle of the second 80D cycle of the first 20W cycle of the current 40W cycle. Overall cyclic expectations: 40D cycle trough on December 24th 2023. 80D cycle trough 21nd January to 2nd February 2024. 40W cycle trough in June 2024.