erc9311

BTC about to retreat! Better take your profits!

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
From the Bottom at $3000 you can count 5 waves up, after 5 waves up we can expect 3 waves down.

What is concerning is the bearish ending diagonal in the form of ABCDE pointing upwards, making a very bearish sign. Prices made a bearish wick and that support could take us to a new high, but at the end of the day everything leads us to a selloff, will it happen now before the fork?

BTC loves to trick people out, so let's see how it plays.

Comments

I think it will go to 1$.
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