Bitcoin Elliot Wave Forecast
I think we are in the 4th correction wave of the this Bitcoin bull run, where investors truly don't want to be trade in. 30k seems to be the textbook H&S price target and 0.618 Fibonacci level of the 3rd impulsive wave.
For a considerable period, I would see Bitcoin will consolidate within the Red Triangle that I draw.
I am looking for 30k as the support, the downward sloping Red line as the resistence. Further resistence zones will be provided.
Not a financial advice.
For a considerable period, I would see Bitcoin will consolidate within the Red Triangle that I draw.
I am looking for 30k as the support, the downward sloping Red line as the resistence. Further resistence zones will be provided.
Not a financial advice.
Note
30k as the 0.618 fibonacci level of the 3rd wave.
Note
Should see 44750-48250 zone for pullback. Will see after price reaches there.
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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.