It seems BTCUSD is moving in a parallel channel with ABC moves for each wave
Now the move is towards the bottom of the channel to reach 55k
After that an ABC could be what leads to the end of the major (5) at about 100k or more
As always there is a good chance to have a blow off top in (5), so it might be good to start loading now
Now the move is towards the bottom of the channel to reach 55k
After that an ABC could be what leads to the end of the major (5) at about 100k or more
As always there is a good chance to have a blow off top in (5), so it might be good to start loading now
Note
A closer look:
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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.