WULF / 3h

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WULF / 3hTeraWulf Inc.BATS:WULFElliottChartThe unexpected 4% decline today suggests a potential shift in the wave iv (circled) corrective structure—from the previously identified triangle pattern to a more complex (w)-(x)-(y) combination. While differing corrective variations remain possible, this alternate structure now appears to be nearing completion. It is likely to precede the anticipated advance of approximately 45% in wave v (circled) of the ongoing Minor degree wave C. The Fibonacci extension target at 6.93 remains unchanged. Trend Analysis >> Upon completion of Minor wave C, the countertrend advance of Intermediate wave (B)—in progress since April 9—is expected to give way to a decline in wave (C) of the same degree. This next downtrend may begin in the coming days and has the potential to extend through the end of the year. WULF BTC BTCUSD BITCOIN #CryptoStocks #WULF #BTCMining #Bitcoin #BTC