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Bitcoin prediction for June 26, 2023
Quote from gate
Yesterday, it was proposed that 314XX US dollars are expected to be the top of 24XXX-314XX US dollars, which has been successfully fulfilled.
In the comment area, I found that there are many voices questioning the theory
Here I explain my point of view!
There are various types of trends, especially when the market divergence is serious.
No matter which direction the possibility exists and may be verified by the trend, no matter which analyst comes, it is the same.
At the same time, in the Bitcoin market, there is a high probability of the existence of V reverse pin high shocks and a series of irregular shocks.
This is also caused by insufficient market depth.
If you simply use theory to apply mechanically, the results will often run counter to it.
Therefore, a series of concepts such as the divergence of entanglement theory and the level of structural time and strength have been introduced into my theory.
Although it is said that there is no guarantee of a 99% winning rate, the winning rate is higher if you simply apply theory.
Continuing to go back to our differences on trend diversity, beasts have diversity all the time. What I can do is to suggest that this trend may be broken through or broken down or the type of indicator to make a trending suggestion for a certain trend. .
The rest is to buy and leave, and the wealth is in the sky. But do your best and look at the destiny!
Finally, I would like to reiterate that my analysis is purely obligatory, and I am not planning to use analysis to charge for purely throwing bricks and stones. If you have different opinions, please discuss and reject trolls in the comment area.
Back to the board:
What is relatively certain for Bitcoin in the short term is that this wave of upswing has ended.
The lower step-back interval is above 61.8%, which I think is reasonable. The position of 61.8% is 27,864 US dollars.
Assuming that 314XX is the mid-term top wave 5, the follow-up will be a mid-to-long-term major adjustment, although I think there are many internal structures in this plan that are not very clear.
Assuming that 314XX is the top of Za, there will be Zc upside after the 24-314XX adjustment is completed. The logic of the Z wave is to assume that the bottom is three zigzags! (For details, please refer to the division of copywriting a few days ago)
24XXX-31XXX US dollar up is a clear driving wave upside without assuming the end of Z wave.
In human terms, after the adjustment, according to the theory, if you exclude wave 5, you still have to rush! This is the top of 15XXX-314XX assuming wave 5.