Just an idea .... this is a possible price action which could develope. It could also be like zig zag pattern, but whatever the shape is, should be appr. inside the bearish channel. We might also head out here and there but then get back in again... . No boday knows exactly how it will be, trading was always and will be a game of probabilities. Trade safe folks :)
Comment:
looks like we closed wave 2 with strong C upwards. I still don't see any reason to be super bullish. For a change to a super bull with a target of 45-50k, BTC needs to break the upper (red) resistance line and close there on daily chart. So I stick with the scenario downwards.
Comment:
hmmm, is this getting relevant again?! 61.8% retracement would fall into 19k ish! ... let's see
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