Bitcoin trading in a range and holding support. Currently holding an important level on the moving averages/
Please view brief notes for some ideas I have keyed together.
Breakout could see a ridiculous boom to the upside.
Everyone was screaming 28k was the spring I believe it was the st in phase B/ I think spring will occur when it plunges to 25-27k region
To many macroeconomical factors indicating to investors cashing out into dollars. BTC may have underperformed this market cycle. I'll be bullish if we break 54k.
Bitcoin Leading Diagonal Elliot wave count
Lines on a chart not the gospel. As you can see it moves down 1 channel per cycle.
Will it really dump... Or is it just the start of the crypto era.....
Possible Wykoff accumulation Schematic based on Wykoff theory. Courtesy of CryptoChief
BTC forming right angled ascending broadening wedge.