January 31, 2026

Bitcoin Ending Diagonal in 5th Wave

Bitcoin Ending Diagonal in 5th Wave

Bitcoin Ending Diagonal in 5th Wave

Bitcoin Ending Diagonal in 5th Wave

BTC/USD COINBASE:BTCUSD
WolfHeadTrading


Bitcoin Ending Diagonal in 5th Wave

Bitcoin looks to have just completed a 5-wave cycle down on the 4hr chart. An ending diagonal formed on the 5th wave and a break of the upper trendline has provided an entry signal long for the A-B-C corrective phase. There is a major pocket of supply in the market around 43k, and it’s within reason to speculate that BTCC could correct back to this level (a 50% correction of the last 5-wave cycle).

Previous Article

XRP Forecast Results using Neural Prophet

Next Article

CRVUSDT H4

You might be interested in …

One breakout please, BANDBTC?

One breakout please, BANDBTC?

One breakout please, BANDBTC? BAND / Bitcoin BINANCE:BANDBTC narfi BANDBTC has been in a downward trend for more than a year. On the daily this looks like a huge bull flag and there were already […]

IOTX has broken out, next target 0.15

IOTX has broken out, next target 0.15

IOTX has broken out, next target 0.15 IoTeX / TetherUS BINANCE:IOTXUSDT trieutv On daily chart BINANCE:IOTXUSDT is retesting around 0.09 to prepare pump up We have a short-term target at 0.15 that’s a previous ATM […]