BTCUSD As an Alternative, I do have this theory that Wave C of our correction may not be done yet. This price action we might be going through could be part of Wave 3(yellow) move that will target a price below 76k. This five impulsive wave path(yellow) is what makes our supposed Wave 5(red) of the Wave C from our ABC correction that begun when it hit ATH. I am planning on making a video explaining this scenario, but I've been lazy. Maybe I'll make it tomorrow.
BTCUSD Im still watching careful on claiming the bullish case due to overall Macro situation that we are in, but I do see this expanding triangle pattern being formed. If this pattern holds, I break to the upside is likely to happen.
BTCUSD Speaking of bottoms. The rest of the world seems to be taking their Trump-spank quite well.
I expected world-wide bawling, but nobody really seems to care. Including me.
Inflation has officially outpaced bitcoin over the past 4 years. (30% + ....Thank diaper Joe) That means a 64 k Bitcoin in 2021 was worth more than this 83k piece of trash we have right now.
If BTC goes down further, then it gets worse exponentially but if it goes back up then what?
BTCUSD This trade setup is based on strong resistance levels and bearish price action, making it a high-probability short opportunity. If Bitcoin fails to break above $83,467 - $83,927, we can expect a drop towards $82,213 and $81,127. Don't miss out on this move!
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BTCUSD As an Alternative, I do have this theory that Wave C of our correction may not be done yet. This price action we might be going through could be part of Wave 3(yellow) move that will target a price below 76k. This five impulsive wave path(yellow) is what makes our supposed Wave 5(red) of the Wave C from our ABC correction that begun when it hit ATH. I am planning on making a video explaining this scenario, but I've been lazy. Maybe I'll make it tomorrow.
