Technical analysis by HiWatch about Symbol BTC on 1/3/2024

Update The five log C structure can be assumed to be the end of a correction and the beginning of a new trend. Although the task of the new motive wave is still not completely clear, it is already as long as a wave 1, and maybe if it stabilizes, it will be at the beginning of the correction path. Another possibility is that it will continue its growth, whether it is in the form of wave 1 or even wave 5 from the previous cycle. In the first case, the opportunity to enter after the end of the correction (wave 2 of the new trend) is more available. If any of the assumptions are violated, the validity of the analysis is naturally violated. personal opinion. The numbers are not valid.