Daily chart of Bitcoin. If we are currently in our final ABC, this would imply much higher prices.
61.8% falls within major supply area.
Wave structure failure at wave X.
61.8% falls within major supply area.
Wave structure failure at wave X.
Trade closed manually
Potential top formed in BTC near 13k. Completes ideal scenario. Expecting violent action to the downside which should parallel with March's movement. Trade closed manually
Spot BTC stop should be hereNote
1.618 reachedTrade closed: target reached
Trade active
Order cancelled
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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.