BitcoinLong
Bitcoin Weekly forecast
If we used the Eilliot Wave theory and agreed that Bitcoin has completed the 4th wave (Blue) without it having to ever cross into the territory of wave 1 (Blue). I can safely say we should expect a reversal with a target price of 120k.
However before we can safely ever place best on this, we should use a the H4 time frame as confirmation where Wave 1 & 2 would be Captured this on the 16th June 2022
However before we can safely ever place best on this, we should use a the H4 time frame as confirmation where Wave 1 & 2 would be Captured this on the 16th June 2022
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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.