小龙先生|May 18, 2026 14:00
Bitcoin weekly wave structure chart: Wave 4 dead cat bounce is over!
Last week, the price closed below the 0.618 Fibonacci retracement level on the weekly chart, which is below 84,500. The Wave 4 dead cat bounce has officially ended!
The Wave 4 bounce, which lasted nearly 100 days, was such a damn rollercoaster. It shook me to the core, with a longer-than-expected consolidation period! I'll need to reflect on the lessons and experiences this Wave 4 consolidation brought me.
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