$BTC topping out to correction before BULLs take over again
Updated
On todays chart we have defined the major waves that are creating the 
BTC fluctuations.
The strongest wave is 20W (140D) according to a great tool "DFT - DC Period 8-50 - John Ehlers " .
We have drawn this cycle on the chart along with its harmonics, which clearly synchronise with the main wave.
From the analysis we expect now a final rise lasting to 25-27th of February 2023.
After that we should see little stabilisation for one week, then followed by stronger correction between 6-20th march 2023.
The drop will be significant however we are still on the rising trend of the major 20M (80W) so after 20th of march we should get into new highs.
https://www.tradingview.com/x/5Cxp61j0/
BTC fluctuations. The strongest wave is 20W (140D) according to a great tool "DFT - DC Period 8-50 - John Ehlers " .
We have drawn this cycle on the chart along with its harmonics, which clearly synchronise with the main wave.
From the analysis we expect now a final rise lasting to 25-27th of February 2023.
After that we should see little stabilisation for one week, then followed by stronger correction between 6-20th march 2023.
The drop will be significant however we are still on the rising trend of the major 20M (80W) so after 20th of march we should get into new highs.
https://www.tradingview.com/x/5Cxp61j0/
Note
Due to the bullish theme the correction came early. Also phasing with the previous chart had to be corrected. Check out the new idea published just today
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