The real deadcatboune is incoming
Hello fellows,
this is ma current gameplan for BTC .
Corrective wave C target is 48/49k target for w-pattern is 51k/52k and guess what there is also the 0.681 fib level. (Best area to get a rejection in a deadcatbounce)
Wave C may overextend till 55k, even its very unlikely. But keep in mind for your riskmanagement.
I see a final bottom at 26-30k after that we will see if bitcoin is an inflation hedge ;)
WAGMI
this is ma current gameplan for BTC .
Corrective wave C target is 48/49k target for w-pattern is 51k/52k and guess what there is also the 0.681 fib level. (Best area to get a rejection in a deadcatbounce)
Wave C may overextend till 55k, even its very unlikely. But keep in mind for your riskmanagement.
I see a final bottom at 26-30k after that we will see if bitcoin is an inflation hedge ;)
WAGMI
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.