BITCOIN FOLOWS 5 WAVES STRUCTURE, CURRENTLY WE ARE RIDING AT SUPPORT BUT I THINK IT WILL BE FINALLY BROKEN. BIG MONEY WILL TRY TO DEFEND 6K LEVELS WHERE STRONG SUPPORT/DOUBLE BOTTOM IS. IT WILL BE GOOD RISK TO REWARD RATIO TO JUMP IN FOR WAVE 2, WE MIGHT SEE SOME NICE PROFITS NEXT WEEK FOR THE BULLS.
Note
This is APRIL 6 update, named it wrong...Note
We have some volume coming in, bulls might try to push it to $7760, it would form abc pattern, i said in my video that $7760 was target for 4th wave and we didnt hit it. Anyways, my final target has not changed - around $6k
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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.