4th July BTC Analysis
1H Chart
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmaJ9bxDjzho6mHNMe9hL4Ca52bfTJdZZmowrMSv7AHKBf/image.png)
Assumption
We are in Wave 5 of the first impulse wave up.
Wave iv retraced to the .65 region.
Is the correction of the wave 4 of one lesser degree(iv) over?
15Min Chart
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmSNGTUbeYXjJW7vFCaFALJR2vgFnqEd9jczBUwruiPJDo/image.png)
We are in Wave 5 of the first impulse wave up.
Wave iv retraced to the .65 region.
Is the correction of the wave 4 of one lesser degree(iv) over?