Get started
UnknownUnicorn1846081

Bitcoin Bearish Elliot Wave analysis 5.9k to 5.3k target

Short
Bitcoin (BITSTAMP:BTCUSD)  
UnknownUnicorn1846081  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Wave Analysis Bitcoin (Cryptocurrency) BTC
6
0
trendanalysis waveanalysis bitcoin btc
Bitcoin has completed its 5 wave impulsive move up. Wave 5 is truncated and has created a double top. It is now in its corrective wave A. Target of 5.9k to as low as 5.3k. This should happen by the end of the first week in May. We should then head up thereafter, post halving. The 3.8k bottom is likely in.

BTCUSD
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.