Bitcoin return to normal Weekly MA200
This scenario should be playout before next havling
I already post it before
Good news is I think we already find where is Wave 1 of Wave C at 43K. now a lot of strong support.
This cover pretty much macro view on BTC correction of wave C
The possibility that I see ( very high chance ) to play is 5th wave extension.
The reason is from the sopport line that we have ( Just that XD)
Also in the Wave 5. I think we gonna see the 5th wave extension again and return to normal
Prepare for the drop and this drop can lower to 5-9 K region.
Seem impossible. However, don't forget that manymany of whale don't even care because most of them buy/sell bitcoin in every havhing
So, this will be a small lost for them to drop the price down and buy back again.
I already post it before
Good news is I think we already find where is Wave 1 of Wave C at 43K. now a lot of strong support.
This cover pretty much macro view on BTC correction of wave C
The possibility that I see ( very high chance ) to play is 5th wave extension.
The reason is from the sopport line that we have ( Just that XD)
Also in the Wave 5. I think we gonna see the 5th wave extension again and return to normal
Prepare for the drop and this drop can lower to 5-9 K region.
Seem impossible. However, don't forget that manymany of whale don't even care because most of them buy/sell bitcoin in every havhing
So, this will be a small lost for them to drop the price down and buy back again.
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.