Get started
xprojoepzz

BTC $53K is programmed - Elliot Wave ABC Reversal

Long
xprojoepzz  
BYBIT:BTCUSD   None
Trend Analysis Chart Patterns Wave Analysis
4
0
trendanalysis chartpattern waveanalysis
As seen on the chart, BTC has made a new ABC Reversal setup and we've already crossed the horizontal A line (the point at which you would enter long with tight stop loss, repeatedly until target is hit or a new C is formed)

0.441 is the target, meaning BTC should reach $53k in the next 1-2 weeks probably.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.