BTC looking really weak.
That may been wykcoff redistribution.
BTC is oversold but the failing to bounce at these levels with heavy sell pressure.
I think we are getting extended waves here.
This count makes more sense to me.
That may been wykcoff redistribution.
BTC is oversold but the failing to bounce at these levels with heavy sell pressure.
I think we are getting extended waves here.
This count makes more sense to me.
Note
Btc is completing subwave 4 of wave 3. Looking like flat correction with 3-3-5 wave structure visible on small time frames. 6150 is optimistic target for a bounce.
We can go all the way down to 5700 a possibility to hit 3.618 extension.
Note
4.618* extension,Note
BTC will likely make another move down once it breaks out this range. We have been in this range for almost 24hrs.
BTC hasn't moved much up in price but RSI moved up a lot more "correcting" itself for another move down.
Note
BTC completed wave 4 as WXY flat zig zag combo correction.Time to go down.
Note
BTC will likely test the 6k regions again. Note
BTC is super oversold. Looks like fives are about to complete. Currently we are in the C leg of subwave 4.
I expect btc bounce around 6300-6400 region.
Note
This should be the final wave down before we get a bounce 
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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.