Bitcoin: Wave C of the ABC correction
Updated
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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