Technical analysis by MR-V2020 about Symbol BTC on 12/17/2023

There are two scenarios for Bitcoin movements as shown in the chart.Another situation that I see stronger is the accelerated movement of the wave towards the price (48500-50000) which can happen after the price returns to $40K which I personally see as a very strong possibilityattention:NFAThe meeting place of diagonal resistances of bears and bulls (intersections) has a great impact on our analytical performance. If these reistances are accurately drawn based on mathematical calculations, they predict the time and direction of market movement.Like the charts belowAnother intersection, be readyupdateLOADING....The movement started exactly when the intersection had shown us in advance.Diagonal resistances (supports) in addition to showing the time of important movements, also determine the direction and purpose of the movement. Can be used in all time frames and etcPainful rejectionThe 2nd scenario was fully implementedAll Bitcoin movements are based on very precise rulesIt looks like a beautiful moveand more information is hereFIRST TARGETRemember the 1.13-0.886 rule?Use this rule to trade nowATTENTION:NFAtarget(0.618) touchedThe resistances are drawn on the last effective wave in the 4-hour time frame. As it is clear in the chart, the market is in its most sensitive condition.A price explosion is happening. be readySee how golden information helps us in a tradeThe target was touchedIntersections are actually predictors of Bitcoin's future movementsand in 4h TFCrossing the yellow diagonal resistance means reaching the specified targetZoom the chartAn overview of Bitcoin's movements so farThe beauty of bitcoin movementsIt is possible to find exact targets using mathematical calculations in this marketTake a look at the original published chart to see how the math works