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Bitcoin has its mood swings again and we are all wondering when this bear trend will finally be over..
According to this elliot analysis BTC will starts its 3th wave soon which is a very impulsive wave up. This can be confirmed by counting the sub waves in the bigger waves. There seems to be a lot of volume which is also a great sign.
There can be multiple situations that can play out here. We have to wait for a confirmation.
Bitcoin has its mood swings again and we are all wondering when this bear trend will finally be over..
According to this elliot analysis BTC will starts its 3th wave soon which is a very impulsive wave up. This can be confirmed by counting the sub waves in the bigger waves. There seems to be a lot of volume which is also a great sign.
There can be multiple situations that can play out here. We have to wait for a confirmation.
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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.