In Elliott wave theory, there is what we call nesting. And bitcoin seems to have finished doing wave 4 of the nest. Seems like we are going for wave 5 to finish the bigger nest, We might see btc going towards 140,000usd per btc territory before bleeding down to 50k territories. If i was more cautious i would leave my tp open because also this might be the last time btc sees the 80k mark. For now i think December will buy and March will determine the next direction, Happy Trading
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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.
