Bitcoin Elliot Wave Forecast
Updated
I think we are in the 4th correction wave of the this Bitcoin bull run, where investors truly don't want to be trade in. 30k seems to be the textbook H&S price target and 0.618 Fibonacci level of the 3rd impulsive wave.
For a considerable period, I would see Bitcoin will consolidate within the Red Triangle that I draw.
I am looking for 30k as the support, the downward sloping Red line as the resistence. Further resistence zones will be provided.
Not a financial advice.
For a considerable period, I would see Bitcoin will consolidate within the Red Triangle that I draw.
I am looking for 30k as the support, the downward sloping Red line as the resistence. Further resistence zones will be provided.
Not a financial advice.
Note
30k as the 0.618 fibonacci level of the 3rd wave.
Note
Should see 44750-48250 zone for pullback. Will see after price reaches there.
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