Analysis of Bitcoin on the Weekly Timeframe
Overview:
Note:
Overview:
- BTC is expected to reach $40K after completing the 5 impulse wave
- After reaching $40K, BTC is expected to experience a correction wave down to 25K
- The future price action of BTC is uncertain, as it may either continue as an uptrend or fall below 25K to follow the WXY pattern
Note:
- These scenarios are just some of the analysis scenarios and are not necessarily expected to happen
- Please check the charts and other indicators for more information.
Trade closed: target reached