Bitcoin
Short
Mis à jour

Bitcoin bullish scenario

766
I've been bearish on bitcoin for some time.

Two days ago, I posted a continuation scenario. Today, I see that the bulls appear quite persistent. This leads me to think that perhaps 6.8k -- 7k zone may hold.

As charted is the bullish scenario, with the down trend ending somewhere around 6k. --- However, I do think this is indeed a bearish long-term scenario, because there'll be a lower high & then another round of down trend.

This is the bearish scenario I posted a few days ago:
Bitcoin new wave count


In this, we end the bear market by the end of summer.
Note
current small pump takes place before the support has been hit

this probably means that we'll crash at least to 6.9k soon
Note
Pump larger than I thought. Seems like this is the one I was talking about

But because it came in early, I think there's a high chance that will go down soon. Maybe a small double top and then under 6.8k
Note
target reached?

snapshot
Note
almost ready to drop

snapshot
Note
1-min pump returned?

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.