BTC might have finished wave 3 and going back from here
My view is simple, geometry explain it all.
Not only BTC supply is getting low, all the institutions want a piece right now.
They scare us to get it lower but the fact is no matter what we are going up on a higher time frame.
Thats why they say : BUY FEAR.
Fear is caused by whales wanting your cheap corn.
For the pattern, I see a clear channel and we could have finished 3rd wave of impulsion.
At one point we have to revisit the broke down line of the rising wedge.
Anyways, the mesured move for the breakdown is completed.
It think BTC could go UP slow, letting Alts do their real move (Alt Season).
Not only BTC supply is getting low, all the institutions want a piece right now.
They scare us to get it lower but the fact is no matter what we are going up on a higher time frame.
Thats why they say : BUY FEAR.
Fear is caused by whales wanting your cheap corn.
For the pattern, I see a clear channel and we could have finished 3rd wave of impulsion.
At one point we have to revisit the broke down line of the rising wedge.
Anyways, the mesured move for the breakdown is completed.
It think BTC could go UP slow, letting Alts do their real move (Alt Season).
Note
More like that. Thats the good count.Note
There is also that Morning Star on the Daily, just over Ema50. Trend change, going back up
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Publications connexes
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.