Let me present you with two possible scenarios for Bitcoin at this moment.
Scenario 1
We could have completed wave 4 and head to complete wave 5 of a bigger wave 1.
Scenario 2
We have completed the first wave and retracing in the form of a,b,c.... Currently, we are at b wave and we have to wait and see whether we are about to roll off from here.
Both scenarios of BTC show that even if it is a completed mega wave 1 or smaller degree wave 4, all they have in common is that they have not retraced to 0.382.... So, its a risky situation to get in at the moment if u want to go long on bitcoin from this point.
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