Nizekol

Is BTC going to dump?

BYBIT:BTCUSD   None
I have spotted an Elliot wave pattern on both the 4hr time frame and the 1hr time frame. We are currently on the 5th wave up which is the final wave up before a pullback I am expecting that in the short term Bitcoin will pullback slightly after hitting its all-time-high. A lot of people will be calling for a double top but I am confident we will hit 100k by the end of 2021 since we are still on a very healthy uptrend in the daily and the weekly time frame.

DISCLAIMER: I am not a financial advisor trade at your own risk

Related Ideas

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.