After U.S. election price broke the high and reach in period less than 2 month high of $106'000. Many traders expecting new highs over 150'000 - 200'000 dollars per Bitcoin, but the reality for TradingTie team is bit different.
Elliot waves are the best predictable tool in which phase of the trend we are. After breaking the range of 4-th wave - we are currently in fifth wave.
1. The price hit the upper trendline channel.
2. The price hit strong static resistance in range 104'000-106'000
3. On lower time frame 5 min the price made 5 downtrend impulsive waves.
Our target is over $60'000 per bitcoin in March-May 2025.
Elliot waves are the best predictable tool in which phase of the trend we are. After breaking the range of 4-th wave - we are currently in fifth wave.
1. The price hit the upper trendline channel.
2. The price hit strong static resistance in range 104'000-106'000
3. On lower time frame 5 min the price made 5 downtrend impulsive waves.
Our target is over $60'000 per bitcoin in March-May 2025.
Dagangan aktif
Sell 106'000Stop 108'000
Target 60'000
Nota
Update stop at 110'000Nota
Nota
Expectations are price to reverse to levels over 104'000Nota
The trading idea is still activeNota
The uptrend correction is over. New downside impulse already started. Nota
Update of Bitcoin Trading Idea There are not closing price above 106'000 on daily time frame.
Our entry is at 106'000 and stop at 110'000 - still holding position.
Nota
Closing partials at 83'000, expecting pullback to 90'000 zone in near 10 days. 
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.