BTC at at the end of the correction, more selling is likely
it seems out that BTC has completed a 5 waves which wave A, followed by a corrective structure which is wave B and now we are waiting for the initiation of wave C which is likely to target 26000$ once again ore even lower, we don't say that wave B has already finished, but if not its likely to target 42000$ (38% Fib level) before the initiation of wave c.
as so, we recommend to sell from 42000$ or any appearance of bearish signal such as MACD bearish cross.
as so, we recommend to sell from 42000$ or any appearance of bearish signal such as MACD bearish cross.
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