BitcoinLong
BTC has revealed its EW hand
Trying to chart the EW has been difficult this past few days, I was charting 4 possibilities and trying really hard to determine which one it was.
Finally I believe BTC has picked one of them which I've charted. This is a slight variation of the first one I charted, which had Wave C end at $9050, however now that I have redefined Wave B lower than I had originally, the end of Wave C is also lower. There's a possibility that $9050 really was the bottom, so be aware that it could just jump and never see below $9000. That's BTC life.
Finally I believe BTC has picked one of them which I've charted. This is a slight variation of the first one I charted, which had Wave C end at $9050, however now that I have redefined Wave B lower than I had originally, the end of Wave C is also lower. There's a possibility that $9050 really was the bottom, so be aware that it could just jump and never see below $9000. That's BTC life.
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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.