After the price retraced, it looks like Bitcoin has finished ABC correction as wave 2. The end of wave 2 is exactly at 50% retracement level of wave 1. This is typical for wave 2.
If this analysis is correct, the next upswing is wave 3 and it should break past the previous high!
If this analysis is correct, the next upswing is wave 3 and it should break past the previous high!
I trade forex, cryptocurrency, stock, futures mainly based on Elliott Wave principle.
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.
I trade forex, cryptocurrency, stock, futures mainly based on Elliott Wave principle.
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.