We have seen quite some bearish sentiment out there. With the last rally bitcoin came back up quite good, but I still think the bottom is not in.
Using the elliott waves, I would say that this is wave 4 and I expect it to go down again, though I am not sure if wave 4 is finished yet. Wave 3 is known to be the longest and there we have seen the big drop so this would fit quite good.
Please tell me what you think out there and give a thumbs up if you agree.
This is no financial advice.
Using the elliott waves, I would say that this is wave 4 and I expect it to go down again, though I am not sure if wave 4 is finished yet. Wave 3 is known to be the longest and there we have seen the big drop so this would fit quite good.
Please tell me what you think out there and give a thumbs up if you agree.
This is no financial advice.