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Like2Move
Feb 20, 2021 11:06 AM

I guess where the turnaround will be: below 63k 

Bitcoin / DollarBitfinex

Description

Bulls are still strong and I lifted the yellow rectangle a bit, where the wave (III) will stop and a correction can begin.

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The following scenario may occur:

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Here we go :)

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Overcoming support in the 45k area:
Comments
ambrosia
Alts seem to be bouncing a bit here. Do you think bitcoin is headed to the 40k area?
ambrosia
Or does your comment mean 45k will hold?
Like2Move
@ambrosia, I expected correction to the 40k area later, but maybe it has already begun. If support at 45k holds, now we'll see a bounce and a drop later. That's my oppinion. Buy dips. :)
ambrosia
@Like2Move, Thanks for the clarification!
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