as we expected BTC hit 63K; for now i have 2 scenarios.scenario N1: if BTC breaks trendline N1 and starts a corrective wave on the line that means one single thing BTC is going to rise and visit higher levels but it wont touch the 3rd trendline. scenario 2 : if BTC breaks trendline N2 and starts a corrective wave that means BTC will fall down like a stone coming from the sky and we will visit very low levels; we are in a running flag and we are missing the last wave heading to the bottom; maybe we will visit the 37K level.
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.