POLONIEX:BTCUSDT   Bitcoin / Tether USD
BTC has now given enough information for a more refined analysis. We are currently near the peak of Wave 3 with the CCI curling down after breaking +100 on the 2-Hour, Wave 4 should see a pull back to $7.4k-$7.6k. Culminating with Wave 5 at around $9.5k. Invalid of Bitcoin drops below $7k. Trend reversal is still possible until Bitcoin moves above $10.5k.

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.