BITCOIN - MORE DOWNWARD ACTION TO BE SEEN - CryptoManiac101
Updated
BITCOIN / USD TA
Here we are looking at another possibility for where Bitcoin is heading. We see possible Wave 4 forming which would put us at or below $4,750 region. While keeping an open mind, there is possibility of relief rally near $5,290 or over, however chances of that are low based off the indicators we're looking at, including overall pattern out of which we bearishly broke out downward.
Keep in mind that this chart is intended to show you different possibilities and alternative view point and is not to be used as a financial advice.
BITCOIN 2015 VS 2019 GOLDEN CROSS
Here we are looking at another possibility for where Bitcoin is heading. We see possible Wave 4 forming which would put us at or below $4,750 region. While keeping an open mind, there is possibility of relief rally near $5,290 or over, however chances of that are low based off the indicators we're looking at, including overall pattern out of which we bearishly broke out downward.
Keep in mind that this chart is intended to show you different possibilities and alternative view point and is not to be used as a financial advice.
BITCOIN 2015 VS 2019 GOLDEN CROSS
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This chart is 100% still valid as we have head n shoulders pattern forming nowNote
Flash pump towards $5,470 is fully in play just like back on April 10, 2019
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