I saw the bitcoin price structure forming a sideway movement. There is a consolidation that has occurred from April 23 to today, which I consider it as a double three correction. On April 24, 2021, intermediate (W) ended at $ 51353, and corrected to form intermediate (X) which finished at $ 48690. What I see now is that the price will go up once again to complete the intermediate (Y) which might end at $ 52235-52684.
In this time, bitcoin told us that price failed to breakdown minor wave B (level $49181). What means ? It means bitcoin is possible to do pullback, go up to level between $52533-$53422. After that, the price can be drop again.
UPDATE :
In this time, bitcoin told us that price failed to breakdown minor wave B (level $49181). What means ? It means bitcoin is possible to do pullback, go up to level between $52533-$53422. After that, the price can be drop again.