Bitcoin has just completed the 4th wave with oversold stochastic in what looks like a flag channel. If the minuscule 5th wave is accurate as confirmed by the stochastic crossover, btc could soar upto 50k before we see the next bearish move as indicated by the flag channel. 38600 is a critical level that would invalidate the minuscule 5th wave if broken. Although the primary wave count remains valid until 34400 is pierced.
This isn't a financial advice. Just my own personal idea.
This isn't a financial advice. Just my own personal idea.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.