In terms of wave counting by the NEoWave method, Bitcoin is in the position of wave (d) of a neutral triangle pattern, and currently a correction is taking place within this wave. With the completion of this correction, it is likely that the price will move towards the target of $6000-66000.
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.