Still struggling to believe BTCUSD pumped from 6350$ to 7500$ in 2days , amidst ETF possibility and some other bullish fundamental news , when I said correction , i mean mid term , I still dont believe BTCUSD has found bottom yet, looking for sub 5k levels as bottom, I made a chart like this on June 28 and also another, i wont be taking credit for it as i totally forgot the possibility of both playing out, will leave a link to the both of them . Many corrective waves eh , lets all dive in and look at them ;) , although i cant explain each as that would take time, i would love to be corrected if there is any mistake in there :) , please do not forget to help with a like and comment :)
This was the first one , i find this very likely , although the target will be lower a bit, (4.9 -5k) , as i see that is the only thing wrong with this :)
This was the other one
Both playing out as expected , although , i am not taking credit for them as i forgot about them ,
Makes me more confident on my Mid Term Bearish view on BTCUSD , so depending on where it goes now, we should get our temporary top on BTCUSD Price , at 7.8k-8k or 8.4k , if 8.4k is crossed i would be reviewing whether am a bull or not :) , expecting a small retrace from here though or maybe not , we will just pump to 7.8k , am flat at the moment and only scalping. so expecting 7.8k then 6.8k which if it doesnt hold , a lower low should be coming soon .
Thanks for staying tuned, would also love to say none of this is financial advise, please DYOR , thanks and please leave a like/comment if you like what am doing here :) .
This was the first one , i find this very likely , although the target will be lower a bit, (4.9 -5k) , as i see that is the only thing wrong with this :)
This was the other one
Both playing out as expected , although , i am not taking credit for them as i forgot about them ,
Makes me more confident on my Mid Term Bearish view on BTCUSD , so depending on where it goes now, we should get our temporary top on BTCUSD Price , at 7.8k-8k or 8.4k , if 8.4k is crossed i would be reviewing whether am a bull or not :) , expecting a small retrace from here though or maybe not , we will just pump to 7.8k , am flat at the moment and only scalping. so expecting 7.8k then 6.8k which if it doesnt hold , a lower low should be coming soon .
Thanks for staying tuned, would also love to say none of this is financial advise, please DYOR , thanks and please leave a like/comment if you like what am doing here :) .