BitcoinShort
BTC Major Drop Close To $600.00's
We're looking at a huge bearish Head & Shoulders pattern which may be perhaps the end of the Elliot cycle. A potential new Elliot formation may resume the bearish H&S down to the Fib. Expansion at 1.618, which is around the lower $700.00.
We shall see what will happen after it touches 1.618. Will it go up?
We shall see what will happen after it touches 1.618. Will it go up?
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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.