Bitcoin just peaked in wave 3/ of 5 and a correction towards 7,973 will now be expected before the final rally in wave 5/ of 5 of (3) towards 10,444.
We are not quite at the final top of wave (3), but we are getting close and the risk/reward ratio no longer supports being long or at least demands that stops is tightened.
We are not quite at the final top of wave (3), but we are getting close and the risk/reward ratio no longer supports being long or at least demands that stops is tightened.
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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.