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Hedge funds prepare for a haircut
On the weekly chart of BTC.D, a classic horizontal triangle (ABCDE) is visible, which likely forms a corrective structure within wave C.
Features:
The starting point of the triangle coincides with the peak dominance around 74%-75%.
Each subsequent wave (A, B, C, D) fits into a narrowing range, adhering to the rules of triangles (zigzags or combinations).
Features:
The starting point of the triangle coincides with the peak dominance around 74%-75%.
Each subsequent wave (A, B, C, D) fits into a narrowing range, adhering to the rules of triangles (zigzags or combinations).
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