AsaMitaka

One last pump before a massive drop in Daily timeframe

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
In this chart, I am projecting an expanded zigzag pattern in the daily pattern. My bearish scenario is canceled because there has a sign of weakness in the LTF that made my assumed wave 3 into wave C. The reason I am short-term bullish now is that there is a rumors about the FEDs pausing the rate hike in the month of June. This causes the market to pump significantly until the market shows bearish signs upon reaching the premium prices of 35000-38000.
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.