Bitcoin surged back above $60,000 yesterday evening and is thus trading at a price level that it has been trying to overcome for two weeks now. We primarily expect another setback into our green Target Zone (between $47,012 and $58,655) so that the low of the green wave 4 can be established there. Following this, the price should then turn around sustainably and rise above the all-time high of $73,808.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.