CR35

BTC Finishing the main ABC correction

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS

BINANCE:BTCUSDT

It sure looks to me that BTC is finishing 3rd wave that needs to eventually get above the B wave of the Mays ABC correction. If we get above ~$59600 it is safe to say that the main ABC correction is over. As 60k area acts as a large ressistence, we should expect a bit larger pullback into a 45-55k area, before another leg up that could manifest itself like a blow of top to 75-85k. This then marks the end of this bull run so BTC can finally correct back into a 15-20k zone.

Also all this forms nice cup and handle .

I am not a financial advisor so non of this is a financial advise. All this is my personal view of the market so i can still be wrong. Stay safe.