After reaching 30k in last month, Bitcoin has increased to $50,000 and "B wave" of Elliot has Formed. We have an important fibonacci cluster in $50,000 zone, now we are wating to last Corrective wave that names "C wave" in Elliot theory. It shows us we have a bearish market in september. There are four important level In front of Bitcoin, 41000-43000, 36000-37000, 30000 and 27000. It can be last wave of bearish market, after that we are coiming back to Uptrend and Move to $100,000.
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.