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Hi everyone, Bitcoin Tests $ 40,700 Level as Russia-Ukraine Tensions Weigh ***
In today’s market, Five waves move still happen in the market, but (due to Russia-Ukraine Tensions) market can keep moving in a corrective structure.
Technical Analysis Section:
it's not yet clear whether the decline is of a short term nature or something more (ABC), But:
Scenario No. 1 (Personally- Five waves move):
Scenario No. 2 (Three waves move- corrective structure):
*** Personally: The U.S. does not start fights. They (Russia and the U.S. over Ukraine) maintain their strength, in order to maintain peace.
Note
Scenario No. 2 (Three waves move- corrective structure):
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