BitcoinShort
BTCUSD Bearish, But for a while.
BTC looks like it started a new Bullish Impulse movement. The wave 1 for this impulse ended at about $73,729, thus making a new ATH. BTC has been correcting ever since then for wave 2.
The wave 2 appears to be a WXY (3-3-3) correction.
The Y wave appears to be a ZigZag correction. I expect its B wave to peak at about $65,500, then this should be followed by an impulse drop for wave C of wave Y.
Wave Y would see BTC drop to a 9 month low of around $45,000
The wave 2 appears to be a WXY (3-3-3) correction.
The Y wave appears to be a ZigZag correction. I expect its B wave to peak at about $65,500, then this should be followed by an impulse drop for wave C of wave Y.
Wave Y would see BTC drop to a 9 month low of around $45,000
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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.