BTC: Leading Diagonal Forming? A Small Dip Before the Breakout
After revisiting the wave structure, it seems BTC may be forming a leading diagonal for Waves 1, 2, 3, 4, 5. So far, BTC hasn’t shown the ferocious momentum needed to decisively break the upper trendline, but a small dip to 62K might occur before the long-awaited breakout.
The upper trendline breach is coming—it’s just a matter of time. Expect a potential brief pullback before BTC launches to new highs.
The upper trendline breach is coming—it’s just a matter of time. Expect a potential brief pullback before BTC launches to new highs.
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.
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.