From the chart above we can clearly see all 4 bases and we are likely in the fourth base now that could probably send us to $28,000 to $30,000 range in days ahead.
But be careful, usually after base 4 is done, a massive pullback will likely happen. In this case, it could send Bitcoin back to base 3 at around $20,000!
Wish you all good luck! God bless! Remember to follow me for more updates ahead!
Merry Christmas everyone!
Trade closed: target reached
I believe Bitcoin has topped so far, a trend reversal is on the way. It is forming diagonal top chart pattern now, refer to my new idea. Take care people!
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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.