Bitcoin update: heading down but its not all bad
follow up from my previous analysis. The IH&S or falling wedge didn't play out to my target (0.786 fib)
However, we got the 0.618 fib. I'll take this as my (b) wave.
Bitcoin is now on its way down to find the (c) before we begin our 5 wave impulse.
my targets are highlighted at the daily 50 EMA and finally the support lines of the yellow wedge and white broadening wedge support lines.
However, we got the 0.618 fib. I'll take this as my (b) wave.
Bitcoin is now on its way down to find the (c) before we begin our 5 wave impulse.
my targets are highlighted at the daily 50 EMA and finally the support lines of the yellow wedge and white broadening wedge support lines.
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