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What is happening with Bitcoin? 4H chart explained:

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
Falcon_Trader_1 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Chart Patterns Wave Analysis falcontrader falconwaves Bitcoin (Cryptocurrency) TA BTCUSDT btcusdtlong
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chartpattern waveanalysis falcontrader falconwaves bitcoin ta btcusdt btcusdtlong


Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down.

Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C.

Everything is marked in the chart with expectations.

I will post more chart once we reach these levels.

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