at the moment of writing, the BTC is at 10268 and started to show some exhaustion in the hourly candles. the 5 waves of the Eloitt are now completed
and we are now coming in a zone where the correction will play out. it the end of the correction (C) is around the 9100$ level which is also a neckline.
I expect that the new buyers are waiting there to make the next bullish movement.
conclusion: we can expect some corrections till the 9100 level. after that price will probably make a bounce to reach some new higher highs.
and we are now coming in a zone where the correction will play out. it the end of the correction (C) is around the 9100$ level which is also a neckline.
I expect that the new buyers are waiting there to make the next bullish movement.
conclusion: we can expect some corrections till the 9100 level. after that price will probably make a bounce to reach some new higher highs.