BTC correction analysis
if we chart the ABCDE elliott wave on the 2D chart, we can expect an ABC correction. wave C typically corrects to around wave D of the initial upward waves, which is around 6k. i think that this is quite a pessimistic view of where btc will land, so take this TA with a grain of salt. this is not investment advice -- DYOR :)
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.