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Buy Waves With - Bitcoin
: 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)
: A typical bull trend consists of five waves. Waves 1, 3, and 5 are the primary "buy waves" where the price moves vigorously upward.
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
Traders use this to predict "waves" of buying and selling based on investor psychology.