Bitcoin finishing up it's ABCDE correction. Two possiblle pathways but only ONE DIRECTION UP!!!!
Comment:
Playing perfectly in my channel! E wave is slowly finishing up it's correction. Many analysts called for a trend reversal but there was not enough volume for a clear signal.
I am waiting patiently for BTC to drop to 8-10k zone to start laddering my buys.
WORST CASE SCENARIO (BEARS WIN):
BTC will drop to next possible support at mid 5k zone if it fails to hold the 8k support.
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.
I am waiting patiently for BTC to drop to 8-10k zone to start laddering my buys.
WORST CASE SCENARIO (BEARS WIN):
BTC will drop to next possible support at mid 5k zone if it fails to hold the 8k support.