The market gets boring and it's obvious that market maker steals our time. But this is a typical behavior in wave 4 of Elliott Wave Theory. Typically, wave 2 represents a huge correction (fib: 0.618-0.705) in a short time whereas wave 4 represents a less correction (fib: 0.33-0.382) in a longer time period. So based on this, we should be done with Wave 4 and I'm expecting the dip is already IN. We should go up soon or later and generate Wave 5 which will lead us to the Big Target.
Even the dip is not in, I would still expect first to hit the Target-1 and even Target-2 and then may be a lower dip appears at around 16-17K which would still not change my plan. If all these are wrong, then I would expect longer accumulation through 2023 and in this long accumulation period, I will try to add more BTC with spot buy at 9-12K region.
Note: I'm getting more confident with the idea that dip is already in as everybody expects several lower dips!!!
These are my opinions. Please do your own analysis! Cheers!
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.