till now, Bitcoin beautifully followed its correction pattern.
yet we are reaching a pivotal level, upon which, if broken, bitcoin correction might prematurely ends.
my primary target is in the box, which will be either the whole correction (wave 4) or its first leg (A or W of this wave 2) (for reference check my macro bitcoin chart).
Time will tell, yet indicators are showing exhaustion of this mini B, signaling an upcoming C.
As you usual, this is my point of view and not a financial advice.
Cheers!
yet we are reaching a pivotal level, upon which, if broken, bitcoin correction might prematurely ends.
my primary target is in the box, which will be either the whole correction (wave 4) or its first leg (A or W of this wave 2) (for reference check my macro bitcoin chart).
Time will tell, yet indicators are showing exhaustion of this mini B, signaling an upcoming C.
As you usual, this is my point of view and not a financial advice.
Cheers!
Yet, according to EWT, B can reach as high as 85.4% of wave A without breaking the overall correction. that would be about 40010$