As far as BTC is still below 60,400, i still look out for downward move to 51k to 50k level, otherwise if price closes above 60,400k then ahead, ahead we move to 69k. though there are lot of bullish momentum on the chart now 58,300 which could also move higher but i think it will also drop to 50k level. i believe is going to form an "M" pattern for price Action traders & for Elliott wave traders, that could be the completion of the 4th wave. i also expect to see a sort of trading range in up coming months. may God bless you!
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.