Red April?
Wave 5 of Elliott waves completed which could be the first impulse wave of a superior Elliott wave when we think that BTC is bullish until end of this year. Therefore BTC could be now in an ABC correction of this superior Elliott wave targeting 46k - 48k to regain strength for the next impulse wave.
On the daily and on the weekly chart a bearish divergence can be seen which also indicates that buyers are loosing power.
(no financial advice)
On the daily and on the weekly chart a bearish divergence can be seen which also indicates that buyers are loosing power.
(no financial advice)
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