Bitcoin
Long

A NEWBIES BTCUSD PROJECTION BASED ON ELLIOT WAVE COUNTS.

59
Weekly chart shows the momentum is angling for the wave 5 and the current high of 73k will be breached followed by pullback as prices sweep the liquidity in a corrective A-B-C pattern.
With respect to the bull anticipation for new highs, the next elliot wave will form quicker than the currently ending one. Price will once again breach the 73k and make support of it as impulse wave 1 takes off. The bull run proper shall ensue when the 70k lows are swept by a retracing wave 2, giving way for the pump of all time.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.