Bitcoin will go down more! But after a little correction
XBTUSDBitcoin reached 200% of wave #1 & #2 of EW.
Long Targets:
TP1: 7730
TP2: 7950
TP3: 8190
TP4: 8340
TP5: 8650
TP6: 8895
Trade closed: target reached
Although this EW wave ended at 71xx, most of the short term EW analysis were knocked out forming a huge EW trend from 13xxx to 31xx. Please refer the below long term analysis.
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Related publications
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.