BitcoinMis à jour Bitcoin USD micro - watch out the levels
till now, Bitcoin beautifully followed its correction pattern.
yet we are reaching a pivotal level, upon which, if broken, bitcoin correction might prematurely ends.
my primary target is in the box, which will be either the whole correction (wave 4) or its first leg (A or W of this wave 2) (for reference check my macro bitcoin chart).
Time will tell, yet indicators are showing exhaustion of this mini B, signaling an upcoming C.
As you usual, this is my point of view and not a financial advice.
Cheers!
yet we are reaching a pivotal level, upon which, if broken, bitcoin correction might prematurely ends.
my primary target is in the box, which will be either the whole correction (wave 4) or its first leg (A or W of this wave 2) (for reference check my macro bitcoin chart).
Time will tell, yet indicators are showing exhaustion of this mini B, signaling an upcoming C.
As you usual, this is my point of view and not a financial advice.
Cheers!
Note
Worth adding that the purple threshold corresponds to the 0.786 Fib.Yet, according to EWT, B can reach as high as 85.4% of wave A without breaking the overall correction. that would be about 40010$
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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.