I have mentioned this already but just so we are clear
$BTC did not infringe upon the high of 2024, it was saved within $1000, very similar to the $SPY Contrarian View, which was saved within $1....both fascinating to see
And still gives hope to both charts making a higher high next before their ABC correction
Furthermore, $BTC is in between the 50 and 200 Day MA now which is positive leading into next week and giving a glimpse into how the $SPY could move this week too.
I think we should still plan for the worst case scenario and still be vigilant for a Wave B playing out as shown, this is the 'worst' case scenario.....but many would love to add $BTC under $62k, so this is not a bad scenario for them
So let's watch for a test in the Wave B range, no rejection then you hold your position, $123k is possible then.
G4Golf
2025-04-14 11:19:07 +0000 UTC