Bitcoin continues the downward trend. In this chart we demonstrated more details than in chart H1. Bitcoin seems to be following the ‘The Bullish AB=CD Pattern’.
The expected buy zone is at point D of the pattern. If there is a strong downward trend, it may go down deeper.
After the corrective wave downward sequence ends, Bitcoin will increase dramatically.
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The expected buy zone is at point D of the pattern. If there is a strong downward trend, it may go down deeper.
After the corrective wave downward sequence ends, Bitcoin will increase dramatically.
If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! Discussion will make us better! Thank you, guys!
Comment:
Bitcoin is entering the final waves of the H1 frame, preparing to end a corrective cycle.
