Here is why Im practically convinced that bitcoin is racing up.
At the moment, technically we can determine 2 options and both are heading up.
Yes, there is a possibility to fall down, but in my opinion this only has a 5% chance.
So, option 1 states that Bitcoin printed a global ABC correction and now we’re flying to the moon.
But also, according to option 2, we could be facing the formation of a global correctional ABCDE structure on a daily timeframe.
By the way, we recently broke the same structure on small time frames 😉
And now we are on wave D.
In sum, I can confidently assure you that option 2 (ABCDE) has the highest probability of happening based on different tech analysis on smaller timeframes.
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.
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.