- First, Bitcoin is going to drop to 21833 or even a little bit lower at the start of the week, probably Monday or Tuesday. After that, we should see a massive pump to the upside to fill the previous unfilled GAP, which is around 23395.
- The bulls should step in at around 21833 because, technically, we will finish the ABC correction from the Elliott Wave perspective. Also, we will close the previous GAP.
- Don't get caught with your shorts in this white trendline. I can see this trendline everywhere on social media. If you enter a short, you will get REKT.
- This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
- I am bearish on Bitcoin overall, and I think we are going to reach 17k-18k before a massive bull market takes us to a new all time high.
- If you want more of these short-term analyses on Bitcoin, hit the like right now so I can see if you are also interested in the short-term periods.
- The whole crypto market is going to go down, including ETH and XRP. Only a few stronger coins will keep pumping.
- Thank you, and do not forget to leave a comment if you trade these short-term moves!
