maonimisi

BTC UPDATE: LOOKING FORWARD FOR THE FINAL SELLOFF

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price chart of BTC appears to be tracing out what appears to be wave 5 of (5) of (c) of b signaling the end of the correction and the resumption of the uptrend.
This interpretation is only valid if we stay above the invalidation level of 37555.
Once this correction is complete, the corrective flat pattern will be more than fully retraced and should see price climb as high as 52K or possibly 60K in coming weeks.
Trade safe and don't forget to leave a like and let me know of your thoughts in the comment section below.
Trade safe and do have a fantastic day.
Love

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.