Skyrex

Bitcoin - on the edge of collapse!

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello, everybody!

Again you see such a frightening headline. This time Bitcoin is really at the critical point. I had a lot of doubts that this pump can be stopped, but now it has clearly formed the reversal setup.

If you remember my global analysis on BTCUSDT I told you that we are in wave C inside wave 2. Wave C is always impulsive and have 5 waves. On the 2h timeframe we can see the divergence between waves 5 and 3 and the reaching of wave 5 target.

Now it's correction time. We have the guaranteed target at $28200, but imho Bitcoin will go much lower.

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