Climbing the third wave down
Based upon the bigger picture of the overall downwards trend since its peak at 20K and the previous pattern of BTC, it appears to me that we're now on course to make a third wave and lower high at around 14000. After this we will continue the current channel downwards. Possibly to eventually break the 10K resistance. Although this might be quite far off at this point in time.
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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.