: Labeled A, B, and C, these represent pullbacks. Wave C is often seen as a strategic entry point before the next five-wave impulse begins. 2. HODL Waves (On-Chain Data)
: Often the longest and strongest wave, driven by broad market participation and heavy buying volume. buy waves with bitcoin
Traders use this to predict "waves" of buying and selling based on investor psychology. : Labeled A, B, and C, these represent pullbacks
: A typical bull trend consists of five waves. Waves 1, 3, and 5 are the primary "buy waves" where the price moves vigorously upward. : Labeled A
This analysis visualizes the "waves" of Bitcoin held for specific durations, helping identify when "smart money" is accumulating. HODL Waves | BM Pro - Bitcoin Magazine Pro