what is going to happen to BTC?(read the caption as well!)
Hi every one
Bitcoin / U.S. Dollar
The Market has been bearish for the last few days and most people might be upset about it but in this analysis we try to change your mind! in each market there should be a change of trend weather It's bearish or bullish so that people can enter the markets! so as you can see we tried Elliot waves principle On BTC once again and it never fails! as you can see the price has done the first 5th Impulse waves and the correction has begun already! but this correction is different than normal expected correction! as you can see the ABC correction waves are formed IRREGULARLY (The B wave is higher than 5th Impulse wave! this happens when there is a pressure for buying or selling in bear market!).when this situation occurs we can expect that the third correction wave(C) to be larger and even falls under the first correction wave(A).but Don't worry! after the completion of each Elliot wave principle the trend can continue weather It's bullish or bearish. so In summery after the correction ends the price would be around 46K or 45K but there should be a strong bullish movement afterward!! and Don't forget PATIENCE IS THE KEY!
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
The Market has been bearish for the last few days and most people might be upset about it but in this analysis we try to change your mind! in each market there should be a change of trend weather It's bearish or bullish so that people can enter the markets! so as you can see we tried Elliot waves principle On BTC once again and it never fails! as you can see the price has done the first 5th Impulse waves and the correction has begun already! but this correction is different than normal expected correction! as you can see the ABC correction waves are formed IRREGULARLY (The B wave is higher than 5th Impulse wave! this happens when there is a pressure for buying or selling in bear market!).when this situation occurs we can expect that the third correction wave(C) to be larger and even falls under the first correction wave(A).but Don't worry! after the completion of each Elliot wave principle the trend can continue weather It's bullish or bearish. so In summery after the correction ends the price would be around 46K or 45K but there should be a strong bullish movement afterward!! and Don't forget PATIENCE IS THE KEY!
Thank you for seeing idea .
Have a nice day and Good luck
✅My signals On Telegram:
t.me/CobraVanguard
✨Join my trading platform and start trading there!
bingx.com/invite/T66GYB/
✅KYC-Free Crypto Exchange, Signup for 20% Fees Off and $45,145 Rewards.
partner.zoomex.com/aff/ZX902593
t.me/CobraVanguard
✨Join my trading platform and start trading there!
bingx.com/invite/T66GYB/
✅KYC-Free Crypto Exchange, Signup for 20% Fees Off and $45,145 Rewards.
partner.zoomex.com/aff/ZX902593
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.