Another bearish attempt to push the price down to 12...13k is possible, but for a short time.
Bears still reign below 20k. Only after the price rises above 21500, the bulls can develop a price bounce to 28k.
The sell-off seems to have expired, and at 13k a symmetric Elliott Wave pattern ABC would be completed.
Bears still reign below 20k. Only after the price rises above 21500, the bulls can develop a price bounce to 28k.
The sell-off seems to have expired, and at 13k a symmetric Elliott Wave pattern ABC would be completed.
Note
Here we go :)
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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.