Lets say it happens for the sake of discussion, Ryn. We will briefly touch 1200. Would it mean wave 5 is still ahead of us OR are will we start another run up from wave 1. Please, help me orientate here. Thank you.
In another thread, it was mentioned, that rise to 3000 USD per bitcoin is prolonged wave 3 before large correction, that we are currently witnessing.
So is this wave 4 or end of the current count and how do we tell? Thank you again.
this being wave 4 would mean wave 5 of the bullish move from 150's is still ahead of us. yellow arrow in ryn's chart is the beginning of that wave. whether this larger wave is a 1, 3, or 5 is yet to be seen