Bitcoin: Wave C of the ABC correction
If history repeats itself then we're about to go into wave C of an ABC correction. Compare the two charts and the market structure, so so similar.
Entry at 7210
Stop at 7401
Target 1:6600
Target 2:5000
Target 3:4600
Once we do bounce new ATH's will be here, the real question is what happens to B Cash...
Entry at 7210
Stop at 7401
Target 1:6600
Target 2:5000
Target 3:4600
Once we do bounce new ATH's will be here, the real question is what happens to B Cash...
Note
Rising wedge, bear div on the RSI low time frames. Resistance from previous high trend line.
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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.