
SPOONY1004
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SPOONY1004

WXY It's unfolding exactly as I mentioned before. Wave X has been completed, and now the downward Y wave has begun. First, a 5-wave decline will take place as the initial move. It's short time!

SPOONY1004

106,600$ → 100,300$ → 116,000$ The third extended wave of Bitcoin has completed, and it is now going through a correction phase. Wave 4 corrections often retrace to the 0.382 Fibonacci level. Therefore, a price drop to that level is expected — around $106,600. This correction is unfolding as a W–X–Y pattern. In wave W, the internal ABC subwaves completed with wave C reaching 1.618 times the length of wave A. Currently, Bitcoin is in the rising phase of wave X. No one knows how high wave X will go, but what’s important is that after wave X finishes, one more lower low is expected — again around $106,600. At that price level, I plan to open a $2 billion long position with 10x leverage.

SPOONY1004

If it doesn't exceed 32,400, it will continue to be in a short position. Currently, ABC has risen by a 0.5 ratio. It could potentially rise to 0.618 once more, but overall, I still maintain a short perspective. If it goes down, I anticipate that the C wave will decline to 22,000.

SPOONY1004

The point of a downward trend + a 0.5 interval of overall increase is 23.9k in stock terminology. then 23.9k long

SPOONY1004

Bitcoin is currently in an 'C' upward trend. Scenario 1: There is a possibility that it may experience a decline again from the most common 1:1 extension length of 27284. Scenario 2: Due to strong selling pressure, it might not reach the 1:1 extension length and could start declining from now on. Scenario 3: As everyone is anticipating further downside, it could actually rise up to 29000.

SPOONY1004

The upward movement in stock price has not concluded yet. It will likely rise up to the minimum 1:1 ratio level of 27,284.

SPOONY1004

It's important to carefully observe this trendline. 1. If it falls, go long at 29,200. 2. If it falls further, go long at 27,600. 3. If it rises, go short at 29,850. 4. If it rises further, go short at 32,100.

SPOONY1004

bitcoin prediction 1. 29800 Long 2. 28700 Long 3. 27900 Long Trade with caution. Lower the leverage. The issue can be resolved by purchasing in thirds with a 5x leverage. Why do we liquidate everything at once when the leverage is over 20x? Let's receive feedback for me and grow together by learning patiently.

SPOONY1004

bitcoin prediction - I said I would take a short position if B rebounds near 31,000. - Currently, B has rebounded more than expected due to the expansion flat, and now only a drop towards Z remains. - There is a possibility that Z could drop to 28,850, which is 161.8% of the length of W. My perspective remains the same.

SPOONY1004

bitcoin prediction -The final Z-wave could be near 28855, which is 161.8% of the length of the W-wave. -The current decline could occur as quickly as today or take up to 5 days to unfold. -Taking into account the possibility of a B rebound up to around 31k, one could consider holding back and potentially shorting near that level.
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