In a previous analysis, I noticed a bearish pennant formation. After breaking an important bullish trend line, BTC needs to find a bottom in a strong place. This place will probably be at 42, 43k and thus closing the last wave 5, then the next waves (ABC) would return to the bullish!
See that I've been alerting this formation for a while, leave your like for more analysis :)
See that I've been alerting this formation for a while, leave your like for more analysis :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.