UnknownUnicorn13342055

BTCUSD- FIRST BEAR MARKET WAVE

Short
COINBASE:BTCUSD   Bitcoin
another one to annoy the bulls (apes)
Comment:
if the bottom of the crash was the end of wave 1, then the third impulse/wave would end at 37.3k
Comment:
the retracement of wave 4 reflects off of 0.5 retracement perfectly (for both impulse 3 & wave 1+3) when taking the crash as the bottom of wave 3, it may be worth referring to this as wave 3 instead of the truncated 5th as suggested
Comment:
*short-term bear market
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.