Bitcoin daily 4. mar begin of the bull market

What we have seen so far was wave 1 and 2. Wave 2 is pretty much over. Reason being that after the retracement of the last purple trend section, the price will definitely target the last progressing green trend section. When it is taken out, there will be little doubt that a new bull run is commencing.

It is very unlikely that we see the price in zone 4 again. Probably never again.
Wave 3 will shoot into zone 1 fast. Wave 3 is the wave with the most burst.

Usual disclaimer ! This is what i see and do. This is no advice or suggestion to follow what i write.

Description of the drawing usage:

All boxes in diagrams are congestion zones.
Grey boxes are congestion zones from the past. They are the footprints of a market. They act like magnets, making the price prone to revisit them, even in a bull market.
Present and possible future congestion zones are drawm as colored boxes.

Colored slanted lines are trend sections of various time frames.

Colored horizontal lines show when an equally colored trend section is completed for sure, once the price touches such a horizontal line. They are support and resistance levels.

Colored vertical lines which range from top to bottom of the chart mark the end of time frames. Once the price reaches them, an equally colored trend section must have completed already.
Time frames are shown as a scale of vertical lines on daily charts usually.