In this analysis, using Smart Money and Elliott Waves, if the number of $25,100 breaks down, price can reach the range of 18,000 to 19,500 dollars.
For this scenario, the stop loss can be $32,000.
The probable scenario for Bitcoin can be considered according to the attached chart
If an one weekly candle is formed above 42000 buy for the trget 89000
Stop Loss=33000
I am trying to have objective opinion...
Anyway i think gold touch the common target of the "C wave", "Y wave" and "5 subwave" approximately in "1170-1190"
as you can see :
we are in wave iv from wave A and we can consider 56.33 is the end of wave iv , price can reach the (57.59-57.9) as the wave v (A), its clear that we have correction until 55.91. next running can be start as wave c to touch 60.03
