I have been tracking the bearish decline for Bitcoin for about 7 months. We look to be entering into the fireworks moment where it really dumps. The buying opportunity awaits. Unfortunately tho, its only for those who were wise enough to sell the top. My most conservative target has remained $73,500. However, $68,500 - $61,500 now look well within reach. So saving powder for those pull backs seems prudent. Will update upon breaks of $73,500. Elliot Wave, Murrey Math, Kumar Wave being used for this and all of my forecasts. Happy Trading, comments and DMs always welcomed.
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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.