BitcoinShort
BTCUSD - Very Near-Term Forecast - Part II
Today's set of counts ought to be more accurate than the one from yesterday's forecast. By allowing the leading diagonal to start much earlier, we would able to justify yesterday's surge from $6500 to $7200 as Wave (2)/B. In the counts are correct, then what comes next would be a bearish wave that takes us down to Wave (3)/C. Obviously, if this upcoming downtrend is an impulse wave of (3) instead of C, then the price would reach much lower so be prepared for capitulation.
Related publications
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.