Bitcoin / TetherUS
Short

Bitcoin - EW analysis - ABC zigzag

1 056
Bitcoin - It is yet in sideways choppy price action in 2 hr time since 19th May low. The up move was ABC zigzag, which was already finished. The current drop in 15 min time frame is impulse wave A and now expecting the bounce of B wave as the part of ABC zigzag down move. So there is a probability of bounce up to 39740 or slight higher before it start the C wave down.

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.