In the four-hour time frame, Bitcoin acted exactly on Elliott waves and increased with five waves according to the figure, this wave represents an impulse wave, and it is very likely that the previous floor will be maintained. We should wait for a powerful 3rd wave. On the other hand, there is a very important gap in the range of $58,000, which is very likely to be filled with the completion of the correction.
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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.