My last idea about the bitcoin (tradingview.com/chart/BTCUSD/4dw5zBSS-BitCoin-breakdown-is-still-near-Wave-4-ends-soon/) holds pretty strong currently, therefore I would like to take a closer look at the final 5th wave that may push the price down to 8k.
My Hypothesis: We are still in the ABC Correction that has started in December at around $20k. We are in Wave C which has a 12345 Sub-Wave pattern. Sub-Wave 4 seem to have ended like I described in my last idea and Wave 5 has started. I anticipate that Wave 5 will have an ABC sub-wave pattern as Wave 5 likes to form a similar pattern then the overall correction. We are currently in Subwave A. I think we will, therefore, have good buying opportunity between 9.5-8.0k.
My Hypothesis: We are still in the ABC Correction that has started in December at around $20k. We are in Wave C which has a 12345 Sub-Wave pattern. Sub-Wave 4 seem to have ended like I described in my last idea and Wave 5 has started. I anticipate that Wave 5 will have an ABC sub-wave pattern as Wave 5 likes to form a similar pattern then the overall correction. We are currently in Subwave A. I think we will, therefore, have good buying opportunity between 9.5-8.0k.
Nota
We had good Support at 10k, I think we won't see BitCoin falling to 8k, but 8.5k instead
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.