I got a lot of comments to analyze BTCUSDT because it has almost reached ATH and people don’t understand what is happening. In my opinion last pain ahead and after that likely we see great gains.
Let’s take a look at 4h time frame. We can finally notice the full 5 waves cycle which is likely to be finished. If you remember my recent analysis this is just the wave 1 inside higher degree wave 3. Awesome Oscillator has printed divergence, so there is a great chance that correction has been already started. The target for this correction is 0.5 Fibonacci at $90k. I don’t recommend you to short this move if you are not experienced because this is trade against the trend.
Best regards,
Ivan Skyrexio
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