BTC 8k Bounce before rally continues to new ATHs
Updated
Head and shoulders formation with Elliott Waves
8k and 9k are important levels
8k and 9k are important levels
Note
- My thinking behind this is that BTC tends to test major resistances/supports multiple times before an eventual push through-Think 6k this year and 4k last year. I would be surprised if we green dildo through 9k at this point.
-I think it generally a head and shoulders forming (4k this year) or/and a accending/decending triangle which is not very steep (6k last year) (none of which we have here)
Note
typo: "Think 6k this year and 4k last year." should be 6k last year and 4k this year
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.