After defying many PRZ zones BTC reaches its final potential reversal area. Could BTC retrace more or less? Too bullish as for the charts and PRZs can be ignored. It defied all of the PRZs this month.
Many says it's going to 100k. For me I don't know. I read charts and hunting for a good swing rather than overtrading lol.
Thinking of a short term short position...
Projection for BTC. Note not a financial advice. Price action is so bullish so the shark pattern can only retrace to .382 daily.
Possible huge selloff around 67k to 68k. A nice correction from 1.618 of wave 1 and 3. Not an elliott wave pro.
If your bullish in the market short at 67 to 68k is good TP around 56k. 618 retracement of impulse move. A big selloff...
