Bitcoin has been struggling from past few days. Credit could be given to numerous factors including suspicious Elon's tweets :)
Anyway, we anyhow predicted it earlier that BTC is under correction wave and it will touch Point C at round 44K and it did. If you haven't ready my previous analysis, I will add a link for you under related ideas below.
Going by the chart and patterns, BTC should be done with its bearish mode as it has already touched point C on the chart and things should start settling down again.
From here BTC should head towards another another impulsive wave.
In a day or two I will add my analysis on what pattern it will take to mark its next ATH ( not immediately, but in couple of months).
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Anyway, we anyhow predicted it earlier that BTC is under correction wave and it will touch Point C at round 44K and it did. If you haven't ready my previous analysis, I will add a link for you under related ideas below.
Going by the chart and patterns, BTC should be done with its bearish mode as it has already touched point C on the chart and things should start settling down again.
From here BTC should head towards another another impulsive wave.
In a day or two I will add my analysis on what pattern it will take to mark its next ATH ( not immediately, but in couple of months).
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
