btc 2 possible scenarios
Here are two scenarios that i think are most possible to roll out.
Blue scenario: BTC is in the rhythm and if counting like that one wave is missing so we can expect one more push higher after which there comes top. There are more uncertainties about longer term with this count.
Red scenario: Bulls would probably prefer this count because if this will be the case it implies that after drop btc would finish flat correction and there could larger degree up wave start ...so that is more bullish.
Cheers!
Blue scenario: BTC is in the rhythm and if counting like that one wave is missing so we can expect one more push higher after which there comes top. There are more uncertainties about longer term with this count.
Red scenario: Bulls would probably prefer this count because if this will be the case it implies that after drop btc would finish flat correction and there could larger degree up wave start ...so that is more bullish.
Cheers!
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Related publications
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.