BitcoinLong
Monthy cycle case for $200k
It looks like BTC has just printed a new higher high and higher low on the weekly chart. So I thought Id see what might be going on on the monthly chart. I think there's a good case to be made for this 'crypto crash' being a wave 4 of a larger wave 3 impulse.
Last wave 5 surpassed the 4.618 fib extension. If this repeats we will be well above 200k BTC for this wave 5.
Wouldn't that be nice? :)
Last wave 5 surpassed the 4.618 fib extension. If this repeats we will be well above 200k BTC for this wave 5.
Wouldn't that be nice? :)
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.
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.