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Elliottwaveforbitcoin

Low risk Long Position on Bitcoinas you may remember i said that i see a flat correction in bitcoin. there is different scenarios where the 14k top was end of wave 5 or wave 3. in this stage it does not matter. the only thing that matters we completed a flat correction and now as i have shown you in the chart, started a new impulse wave as wave 1 or A and a 2 or B correction and potentially started the next impulse wave which may be a C wave or 3 or in a larger scope wave 5. so the wise thing to do is that: Long now and put a stop loss just below 61.8% of wave 1. it would be a very very low risk trade. have fun with this trade stay tuned
Long
by farzinsabbagh
Updated
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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