Based on the above fractals, the correction is done or almost done (we may see $7000 first) and we should start to see BTC climbing out soon.
"This is not a financial advice. It is just my thought on BTC."
"This is not a financial advice. It is just my thought on BTC."
Note
We might see a retrace to $7100 area based on a 10 days moving average history. BTC is also forming a rising wedge on a smaller time frame which is usually breakdown.Trade active
If BTC makes a lower low, the below analysis would be invalidated.Trade closed manually
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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.
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.