Bitcoin going down for wave 5 of 5. Target 3800ish USDT

Short

Bitcoin / TetherUS (BINANCE:BTCUSDT)

Updated

BINANCE:BTCUSDT Bitcoin / TetherUS

Trend Analysis Chart Patterns Wave Analysis BTC

trendanalysis chartpattern waveanalysis btc

Chart shows target.
Expecting large bounce after this.

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This is going lower than first expected. That was wave THREE that reached 3824 USDT. Wave 4 will complete like this, in an ABCDE triangle, and wave 5 will go down to something like 3400 USDT, maybe slightly higher. Keep in mind, we could get a giant wick down to 3200ish or less so if you have spare cash, place a buy order there and you might get a bite. Good luck.

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