Bitcoin
Short

BTCUSD Daily Inflection Point 2

By Mikhiavelli
Updated
Bitcoin has just about hit the last transient zone, 25k area and has consolidated some 2 months.
BTCUSD 4 Hour Consolidation 2Mo


It didn't quite reach my first target, but it did consolidate in this zone hitting important price levels leaving new targets.
the 10k-5k zone is an ideal area for the next wave to hit and consolidate in, and because we hadn't hit the 15-10k zone yet, bullish moves are unlikely.
the 13k price has been a target of mine for a while, and in recent charts 1k target has also been considered.

For now, all I see is a dip in crypto, we're apparently in a 5th wave correction, I'm hoping for a quick dip instead of a long complicated correction. It would make more sense seeing what the world markets are doing.
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1 Hour
snapshot

4 Hour
snapshot

1 Day
snapshot

1 Week
snapshot

Also Noteably We're under the 1x1 on the Log All Time Gann Chart/Box
Bitcoin Liquid Index Gann Square & EW Count


If bitcoin can break up in this zone, then long positions will be considered.

This is not finanical advice.
Comment
straight ballin

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