BTC dipped lower than expected the last day or two, and today will be crucial to see where it is heading next. If today's Bitcoin price action stays above yesterday's low, there is still a chance that the analysis of a potential wave 3 Impulsive move up is still valid and heading up.
However, if it breaks down here and goes below yesterday's low of the 11,565-ish level, then we might see Bitcoin drop further before heading back up.
Of course, keep in mind this is not financial advice, it's just my thoughts.
However, if it breaks down here and goes below yesterday's low of the 11,565-ish level, then we might see Bitcoin drop further before heading back up.
Of course, keep in mind this is not financial advice, it's just my thoughts.
Doing what I can to help people trade better. Past performance doesn't guarantee future results. Trade at your own risk. This is not financial advice, it is personal opinion, I'm not a financial adviser. I may have a stake in what I write about.
