After invalidating my previous idea when support was broken this indicated that the 5 wave move up in the Bitcoin mania had completed late last year with a now Wave A collapse in progress.
I expect to see wave 3 terminate around the $4000 mark.
Tracking this drop we can now expect to see this drop accelerate lower in a 5 wave plunge.
I expect to see wave 3 terminate around the $4000 mark.
Tracking this drop we can now expect to see this drop accelerate lower in a 5 wave plunge.
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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.