The 3-wave up pattern Bitcoin is showing right now? That's typically bearish. You rarely want to see that formation building—it usually signals consolidation before a move down. Watch the Asian session closely; that's where we might catch the lower levels before the next leg up plays out. The structure suggests sellers could step in pretty soon if we stay in this range.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
screenshot_gains
· 10h ago
The 3-wave pattern has appeared, so we need to be cautious. This wave may be a correction.
View OriginalReply0
TokenVelocityTrauma
· 10h ago
Is a 3-wave rally just a bearish signal? I need to ponder this logic... Is the opportunity to bottom out during Asian trading hours coming?
View OriginalReply0
bridge_anxiety
· 10h ago
3 waves? Bro, your analysis here is a bit off. How many times has this pattern failed in history... You should definitely keep an eye on the Asian session, but don't rely too much on these textbook patterns.
View OriginalReply0
FreeMinter
· 10h ago
Three waves topped out? Coming again with this... last time you said that, it's already doubled now.
View OriginalReply0
AirDropMissed
· 11h ago
3 waves? Ha, this thing is going to crash again. Will it bottom out during Asian hours 🤔
The 3-wave up pattern Bitcoin is showing right now? That's typically bearish. You rarely want to see that formation building—it usually signals consolidation before a move down. Watch the Asian session closely; that's where we might catch the lower levels before the next leg up plays out. The structure suggests sellers could step in pretty soon if we stay in this range.