Hi guys, after giant jump bitcoin have Elliot correction wave A, B, C, HIDDEN BULLISH DIVERGENCE (Oscillators lower low, price higher lows). We have DOJI.
Everything is possible, stop loss is your friend.
let's talk about BITCOIN.
First of all, we had parabolic uptrend (ELLIOTT IMPULSE WAVE), bitcoin stops at 13,9k $ (fib 0.618) after that we drop to 9.8k (fib 0.382 ), then BTC formate SHS but he made lower high 13.1k maybe we are now in ELLIOTT CORRECTION WAVE ABC. I think we might test MA 100 even MA 200.
-RSI on 1day under 50
What do you think? ...