Bitcoin Analysis (VST) - The Final Wave (BTC/USD)

Panjang

Bitcoin (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD Bitcoin

trendanalysis chartpattern waveanalysis btcusd btc bitcoin btcusdt bitcoinforecast bitcoinforcast technicalanalysis

This is a very short term (VST) outlook for Bitcoin which will give us a general idea of how price is expected to behave over the weekend. Given that we are on the final wave, I imagine that price will be trading within the range as highlighted in the chart with a top near 8488 and a bottom based on the recent low of 8073. All this will be prior to a drop down to 7700 as what I have forecasted in another analysis. Yes, we are back to turtle trading with Bitcoin as price action shifts to alts.

Komen:

Hi guys! As you can see, price is slowly grinding to the top. The c was a miscount so ignore that. I got a few messages asking what I meant by turtle trading. It means we only trade when price moves out of the top or bottom range in my chart. That's all. Good luck!

Komen:

Hi guys, here is my new Discord channel:

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about BTCUSD 25

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