i have a couple scenarios for bitcoin, but i'm going for a bitcoin short at 43260.0. the take profits are the 4 (20)% circles and the last one circles is to open another short. if it breaks through the recistance im going to look for a long.
we broke through the recistance and I expect a pull back on what used to be recistance and now support. I expect a further increase
wait until it confirm a uptrend or a down trend. we will watch btc!
Bitcoin created a dubble top. the greed and fear index showed to fast to much greed
bitcoin may be repeating its price action what it has done before.
Bitcoin is in a weak uptrend. i expect the price to drop after 1 more wave. bitcoin hasn't shown a rise again just like after the previous declines
i think it will reject it again take your profits on the way down.
most likely we will make a higher low, because we broke above the down trend (Falling wedge or bull flag). I expect the price to go back to the drop of point.
Bitcoin is in the short term in a down trend (but created a bull flag what is bullish) Thats why im going short
Btc made a big push from the bottom of the range and created a dubble buttom what coulld push the price further
For usdt can go to 0,15$ a 0,20$ if it follows the uptrend and in a down trend 0,06$ 0,02$ (always do your own research)
We break out of a descending triangle that could take us further down verder Give a like and follow me!
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I expect a couple of small waves to follow. i think $ 31.200 is the bottom of this triangle.
this could take us to around 29k
First target around 33k (Wave 4) second target at 37k (Wave 5).