Bitcoin / TetherUS
Long
Updated

What is happening with Bitcoin? 4H chart explained:

263


Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down.

Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C.

Everything is marked in the chart with expectations.

I will post more chart once we reach these levels.

Note
snapshot

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.