![]() ![]() ![]() The expected pullback arrived on September 7th. Two days later on September 8th that technical evidence was found and the chart below was published in comments as an intra-week update for members: The first daily chart published this week expected an imminent trend change for a pullback to start (which would be labelled minor wave 2), but did not yet see technical evidence for that change. Over the next two weeks this was what happened, although price moved a little sideways and then higher first.Īpart from expecting a pullback, the analysis was very bullish and expected new all-time highs from Bitcoin in the near future. On the 30th of August the main wave count expected a pullback to about 37,132. By this week the target had not been met. Price did move higher towards the target in the previous analysis, which was at 57,669. The following is a review of the Bitcoin analysis from the week beginning August 23, 2021, to the week beginning October 25, 2021.Ī little more upwards movement was expected to a target at 57,669 before a trend change and a deep pullback, but the pullback was not expected to move below 28,893.621, which was an area identified as providing strong support.
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