Bitcoin
Short

Is BTC headed towards a correction?

By WiseTraderIO
Updated
As predicted in the preview idea, BTC topped around 12700.

The next move, in my opinion, will determine whether Bitcoin is headed towards major correction or not.

On the bigger time frame it looks to me that an ABC correction is developing.

Trade active
Yesterday flirted with the invalidation area.
First Target achieved!
Expecting some consolidation and then going back for Target 2
Comment
snapshot
Trade closed: target reached
Well done boys, target 2 achieved!
abccorrectionbtcmoonBTCUSDChart PatternsTrend AnalysisWedge
WiseTraderIO

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