BTCUSD- FIRST BEAR MARKET WAVE
Updated
another one to annoy the bulls (apes)
Comment
if the bottom of the crash was the end of wave 1, then the third impulse/wave would end at 37.3kComment
the retracement of wave 4 reflects off of 0.5 retracement perfectly (for both impulse 3 & wave 1+3) when taking the crash as the bottom of wave 3, it may be worth referring to this as wave 3 instead of the truncated 5th as suggestedComment
*short-term bear marketDisclaimer
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.