Greetings all.
Assuming the importance of current situation, i decide to update the previous WYCKOFF TA
by sharing some important points which i mentioned in this TA.
What i am going to say is that, bitcoin can stay bullish even if we can see a correction of 50-55%
from the top.
64500 (top) - 50% = $32250
64500 (top) - 55% = $29025 (the area which it completes WYCKOFF'S PATTERN)
Historically, in each btc bull cycle, we saw corrections of 50-55%.
GL!
Assuming the importance of current situation, i decide to update the previous WYCKOFF TA
by sharing some important points which i mentioned in this TA.
What i am going to say is that, bitcoin can stay bullish even if we can see a correction of 50-55%
from the top.
64500 (top) - 50% = $32250
64500 (top) - 55% = $29025 (the area which it completes WYCKOFF'S PATTERN)
Historically, in each btc bull cycle, we saw corrections of 50-55%.
GL!
Trade closed: target reached
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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.