Bullish Divergence, potential retrace
got an entry at 4174 and setting my main target at +/- 4750
taking Elliot Waves into consideration we may currently be situated on the third wave
so because the retrace of this last bullish impulse was quite strong i flipped the chart to review my retrace idea and got more indications for it to may happen. There is always a chance that bitcoin may fall even more as bearish sentiment and trend is strong yet according to the chart I don’t see this drop below 4k as of yet.
what do you guys think?
broke through everything, outlook is extremely bearish