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Bitcoin
Short

Bitcoin - wave 4 almost done

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I count BTC from 65k level as irregular flat correction where wave 4 of (C) is currently in progress. Target price level for wave 5 of (C) is 8k, which is 2.618 extension of wave (A) and 1.618 extension of 1 of (C). Wouldn't recommend to rush with longs here.
Vyaz
bitcoinpricebitcoinshortBTCUSDWave Analysis

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bitcoinpricebitcoinshortBTCUSDWave Analysis
Vyaz

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.