Bitcoin

The 2 above mentioned charts are our old analysis for #BTC in higher time-frames which show the overall Bitcoin movements.

Bitcoin moved from 6500 upto 10K namely wave “D” and entered wave “E” correction wave which was the ending for the triangle...

Last wave of the triangle may complete at 50% and 61% Fibonacci levels and start with an uptrend.

In the next chart we see that the correction was at 8200, 50% Fibonacci level.

But we have to investigate in lower time-frames to confirm the ending for the correction wave and it confirms if:

BTC breaks out from the B-D trend line at 9600.

Overally I believe that we might have a correction wave after a temporary rise and it may go down to 8K level and even lower.

I am so happy that our 30th March analysis is still valid and #BTC has moved exactly as per this analysis!

I hope that you have made the most out of our advice about #BTC TA. Not so many people can forsee Bitcoin movements for long-term investments.


Enjoy!

Comment:

Comment:

#BTC Update

If #BTC stabilizes over 8600, can start another ascending wave upto the indicated regions...

Only if it breaks out from 9700 region we can confirm the ending for the correction - whis is very unlikely of #BTC at this point.

Comment:

Ending Diagonal in wave C and fast dump ...

I already said that it is difficult to predict the complexity of the structure ...
We have to wait for the structure of the last step to be determined

Comment:

Comment:

#BTC 30 min

Is moving as planned and is out of the expanding triangle right now...
Here we are at the last step of this correction which can be the end to it.