BTCUSD - Returning to the Hyperwave perspective which shows a potential massive drop the coming weeks.

"Simplicity is the ultimate sophistication."

-Leonardo Da Vinci-

BTC/USD

1. Been using the Hyperwave perspective for a few days just for fun as we reach peak euphoria on the BTC market and a potential exhaustion in Bullish movements.
2. Expecting a retracement for the coming weeks which if we attend to Hyperwave theory would push us back as low as 3000$. I know how crazy it sounds dont worry, just wanted to bring something fun to the table for everyone to look at.
3. Just completed phase 6 of the Hyperwave and a strong rejection of 40000$ area can be the catalyst of a new downward move towards 20k$ or even lower.
4. As always please practice your own technical analysis and dont take my personal views as any kind of signal for you to trade, this is not my intention when sharing this. My intentions are to improve my personal capacities to analyze the markets and to recieve feedback by the community in order to keep increasing my level of awareness surrounding price action and key areas of interest in the price of the cryptocurrencies.

Remember, nobody can predict the price of cryptocurrencies accurately and anybody claiming the opposite is probably trying to claim your attention and your money. Predicting the price of cryptocurrencies is akin to predicting the weather; the further into the future you try to predict, the bigger the deviation and error rate will be. This is due to the fact that in a complex system involving thousands of variables, some which are know and others which remain unknown, an accurate prediction can only happen if every single variable is correctly accounted for.

Chad trader from ClearThoughtCrypto

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