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Hope everyone is enjoying the weekend!
$BTC just reached target fib for Wave 3/C/4 at $64.4k! Love when #BTC follows my plan perfectly. โบ๏ธ
As I mentioned before, it's possible that a shallow W4 develops now and only reaches a .236 retrace- currently measuring $63.8k. Using that low for W4, the fib target for W5 aligns exactly at the HTF W4 resistance target at $66.3k. That's where the TOP of this retrace will be!
After that, I'm expecting #Bitcoin to come back down to test the support again at the $60k double bottom (and possibly break it down further). I'll keep you updated!
Not much has changed here, still think most logical outcome on $BTC for now is relief to just over 70k into our newly formed supply zone.
A subsequent rejection and fall back down to our range lows would explain the type of PA I'm expecting on alts like $XRP, that look due for some relief right now but still should move lower after. For $BTC this would essentially just be more ranging/consolidation before a full on reversal.
I think if we get something like below, many alts will make new lows, but some will not (like $ETH and $CRV) which have already grabbed liquidity from below and hit downside targets/areas of interest.
For now, let's see if we can get that move higher across the board and then we can take it from there.
bro immigrated from Mexico and took a $28/hr contract welding job in 2015.
didn't even know what SpaceX was.
they gave him $10,000 in stock and let him buy more through payroll deductions.
that stake is now worth $880,000.
and he's one of 4,400 employees who became millionaires on Friday. welders. technicians. cafeteria staff.
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
There are all the red signs for a perfect storm in the markets.
The SPCX ipo has the potential to mark the beginning of the H2 2026 bear market across all assets.
Next 2-3 weeks are the most important this year.
JUST IN: ๐ฎ๐ท๐บ๐ธ Iranian state media confirms deal with the US and says it includes lifting sanctions, withdrawing US military from around Iran, and ending the naval blockade.
โ ๏ธ Bitcoin May Still Need One More Low โ ๏ธ
I wanted to share an alternative Bitcoin count that differs slightly from Tara's viewpoint. It's important to understand that markets often have multiple valid scenarios until one is confirmed and the others are invalidated.
In my count below, Bitcoin could be on Wave 4 of Wave 5 of C, finishing a large ABC correction RIGHT at the textbook .618 for macro Wave 2 ($50k).
So far, this wave 4 has already reached the .236. Wave 4s often target the .382 or .5 so there's room to come up a bit and test this level further.
Two resistance zones:
- $66,500 (.382) - key w4 target
- $68,700 (.5)- w4 extreme
Both levels would still keep a final 5th wave down toward ~$50K valid.
๐จThis current test is so important!! If BTC continues finding resistance, it could set up one final move into the lower support before the correction is complete. But, on the bullish side, price above $78,700 would start to invalidate the need for that lower low!
โ๏ธWe're extremely close to the end of this correction. The next few days should provide more clarity on whether BTC needs that final wave or whether the low is already in.
#crypto2026
XRP is still the same as my last update... It already reached its target for this correction at ~$1.17. And if it doesn't make a new high above that, the targets are aligning perfectly down at the $.88 level. BUT if it gets some strength while BTC pushes to $66k, it could go as high as $1.20 and then down. It doesn't look like BTC is affecting XRP all that much right now though.
$BTC is on track to hit W4 resistance at $66.3k. - YES, even with this recent "news". Nothing has changed in our plan for this correction! STILL believe this is just a short-term retrace before #BTC comes back down to test the support again at $60k and possibly break it down further.
This is what should be developing for the rest of this week on #Bitcoin . Currently in Wave 3 of C and should reach the macro .5 level at $64.4k soon. It's possible W4 of C will be shallow and hard to identify. Once that prints though, we can measure W5/C/4- currently targeting ~$65.8k. That is why I have a range for the top of this retrace $65.8k - $66.3k . I'll keep you updated and let you know if anything changes! #Bitcoin
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