tzei187

BTC ElliottWave count, another leg to the downside on the cards?

Short
BITSTAMP:BTCUSD   Bitcoin
BTC got nuked (-20%) as it locally topped at 53K. The situation looks similar to previous corrections we had this year. Thus, another leg to the downside is possible based on my Elliott count as the ABC bounce looks now completed. Here are the price areas we could approach and am looking to bid.

Disclaimer

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.