Bitcoin is currently potentially resembling a Wychoff Distribution layout. With this, we could potentially see an UP THRUST to ~$44,780 which corresponds to the 100% FIB extension level.
We can then plan for the continuation of the corrective run with the beginning of a C WAVE down to the the DEMAND ZONE (SHOWN IN BLUE).
Let me know your thoughts?
**NOT FINANCIAL ADVICE**
Merry Christmas and Happy Holidays to all.
We can then plan for the continuation of the corrective run with the beginning of a C WAVE down to the the DEMAND ZONE (SHOWN IN BLUE).
Let me know your thoughts?
**NOT FINANCIAL ADVICE**
Merry Christmas and Happy Holidays to all.
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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.
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.