BTC/USD
We appear to have just finished the 3rd wave on my primary Macro count. Looking for a 4th wave pullback before continuing up for the final 5th wave of the Macro structure.
Momentum on both the Daily and Weekly timeframe is looking VERY bullish. However, structurally, Bitcoin has yet to officially break out of a bear market on the weekly timeframe. As unrealistic as it may seem right now, unless $26,401 is broken, a pullback to $7,600 - $3,700 qualifies as a valid move to finish the last leg of a correction on the weekly timeframe.
Momentum on both the Daily and Weekly timeframe is looking VERY bullish. However, structurally, Bitcoin has yet to officially break out of a bear market on the weekly timeframe. As unrealistic as it may seem right now, unless $26,401 is broken, a pullback to $7,600 - $3,700 qualifies as a valid move to finish the last leg of a correction on the weekly timeframe.
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Publications connexes
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.