Bitcoin upcoming moves
Bitcoin is struggling to move up in order to complete its 5th wave ( ElliotWaves ), can see that easily from the huge divergence in RSI.
Next couple of days, we may see a lot of fake-outs & bear-traps ( just some characteristics of the 5th wave ). But I truly think that the real sell-off starting at around 10k. the dump might bring Bitcoin back to the 6k zone ( 0.618 retracement )
With that said. Don't Fomo now.
Next couple of days, we may see a lot of fake-outs & bear-traps ( just some characteristics of the 5th wave ). But I truly think that the real sell-off starting at around 10k. the dump might bring Bitcoin back to the 6k zone ( 0.618 retracement )
With that said. Don't Fomo now.
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.