BitcoinUpdated BTC analysis
Long term 12345 wave from the chart. Short term looking at the price ranges from the 1 2 and 3, the 1 and 3 have been nearly the same, it's plausible for this retracement to move down to the 618 just like the last one and have a very similar % decrease before the continuation higher. Love to hear thoughts in the comments.
Note
drew wrong 618 would invalidate the wave bottoms in, .5 , and 382 are the possible scenarios for its continuation higher.Note
if this isn't the bottom for bitcoin now things are starting to look pretty bad
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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.