BitcoinShort
Bitcoin Continuing Micro Wave C of Y
Bitcoin should continue declining until we can count five waves inside micro wave C. However, as prices are already closing in on the potential targets of 50% or 62% retracement, if any trade is entered now, it should have a low reward-to-risk multiple to avoid prices turning around before your profit target is hit.
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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.
Disclaimer
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.