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Elliottwaveorg
Jun 4, 2023 7:21 AM

Bitcoin Medium-term forecast. Short

Bitcoin / United States DollarCoinbase

Description

A series of leading 1-2 1-2 has been formed. Bitcoin is poised for a crash . Growth is seen as a correction. Its continuation will be a "bull trap" after which a rapid fall is expected. In the near future, it is better to just watch the development and wait for confirmation of a downward reversal.
Comments
HelioHelix
So BTC is at the start of a 3-5 year correction? The time frames seem out of sync.
Elliottwaveorg
@HelioHelix, I don't know about time , but I am sure price will downward to 3000 . It is first target , minimum of 2020
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