According to the previous analysis, Bitcoin reached the range of $70,000. (With the difference that he omitted the first short wave.)
It can now move towards the $62,000 target and have another bullish wave before a heavier fall, with a slight possibility of crossing the ceiling (orange scenario).
The ultimate goal of this analysis is for Bitcoin to fall to the $27,000 range in the coming months.
JalilRafieefard
June 4, 2024
It can now move towards the $62,000 target and have another bullish wave before a heavier fall, with a slight possibility of crossing the ceiling (orange scenario).
The ultimate goal of this analysis is for Bitcoin to fall to the $27,000 range in the coming months.
JalilRafieefard
June 4, 2024
Note
The move towards $62,000 started
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Related publications
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.