Bitcoin Begins Major Wave 4 Pullback Toward $30K–$15K

BTC has confirmed the completion of a 5-wave advance from the 2022 low with a break of the 2/4 trendline, reinforced by persistent negative RSI divergence — signaling momentum exhaustion and a major wave transition.

This 5-wave advance likely terminates the higher-degree Wave 3 from the 2015 low, suggesting the start of a Wave 4 corrective phase.

The target range for this correction is the Yearly FVG and 23.6–30% logarithmic retracements of Wave 3, aligning with 30,000–15,000 🎯 — a multi-year accumulation zone within the broader cycle and in alignment with historical post-parabolic BTC corrections (~75–85% retracements within secular bull markets).

Following Wave 4, BTC should begin its final Wave V “Global Mania” rally into the 500,000–1,000,000 🎯zone, completing the supercycle that began at inception

For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!

Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet