Is Bitcoin going to crash?!!
I think these days Bitcoin and Crypto currency market is going to choose to go up or down and the sideway is almost finished, The Time Analysis shows this!
the price is on the edge of a rising channel, I expect to go up Fast and Considerably, otherwise we will see another crash. Elliot waves show us we are in wave 2/5 in either direction, although in my opinion the B correcton is not finished yet, we are facing complex wave. there is another reasnons, we can see weakness in Volume vs price, and the RSI is under a down-trend yet. the only good news but not worthless is that the Bitcoin deposit on the exchanges is deacreasing dramatically on an strong supportive level, nevertheless its better to wait for confirmation.
GoodLuck.
the price is on the edge of a rising channel, I expect to go up Fast and Considerably, otherwise we will see another crash. Elliot waves show us we are in wave 2/5 in either direction, although in my opinion the B correcton is not finished yet, we are facing complex wave. there is another reasnons, we can see weakness in Volume vs price, and the RSI is under a down-trend yet. the only good news but not worthless is that the Bitcoin deposit on the exchanges is deacreasing dramatically on an strong supportive level, nevertheless its better to wait for confirmation.
GoodLuck.
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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.