BTCUSD 03/03/2021 - Correction

After making ATH in Feb 22, BTC declined around 26% (From 58K to 43k).

I expect the first wave of corrective pattern were formed. Currently, i expect the Wave B are forming. If prices can breakout successfully as i mention in my chart, i think price can reach higher level (from 52.5K to 55.1K).

Technical IndicatorsTrend AnalysisWave Analysis

Disclaimer