Bitcoin movement.
Hello traders,
First of all hi after some long time.
Bitcoin seems to have touched the bottom, but in my humble opinion I wouldn't bet that this is 'THE REAL BOTTOM'.
According to elliot waves it seem to me that we could have finished the 5 wave structure upwards, now I'd expect ABC correction and possibly slip to another new low where all the souls of the baby bulls will be sucked.
Then I think we could start mumbling about nearing to an end of bear market.
Trade safe,
Always do your own research and learning.
If you liked the content please feel free to like and comment it.
If anyone has any questions feel free to DM me.
Trading Informator!
First of all hi after some long time.
Bitcoin seems to have touched the bottom, but in my humble opinion I wouldn't bet that this is 'THE REAL BOTTOM'.
According to elliot waves it seem to me that we could have finished the 5 wave structure upwards, now I'd expect ABC correction and possibly slip to another new low where all the souls of the baby bulls will be sucked.
Then I think we could start mumbling about nearing to an end of bear market.
Trade safe,
Always do your own research and learning.
If you liked the content please feel free to like and comment it.
If anyone has any questions feel free to DM me.
Trading Informator!
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.