BitcoinUpdated Imminent correction
As depicted in the chart, bitcoin is currently on the path of completion of a fifth wave (5) of an impulsive wave. My target price is in the region of 103 K USD, which is 2.382 of the extension of the wave (1).
We should see a correction once the target price is reached. I will do an update of the macro count later when bitcoin reaches the target price.
We should see a correction once the target price is reached. I will do an update of the macro count later when bitcoin reaches the target price.
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target reached at 103 K USD. Correction on the way to around 83 K USD.
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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.