BTC UPDATE (12H)

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This analysis is an update of the analysis you see in the "Related publications" section

Before anything, know that there are always many market scenarios and we always publish the most probable scenario.

With many reviews, this Bitcoin scenario seems to be more correct.

There has been no change in the movement process and only the amount of price correction and then its retracement has changed.

Our latest view on Bitcoin is as follows.

Closing a daily candle below the invalidation level will violate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Upon hitting the red box, it was rejected by more than 6% but the point is that it seems that wave E from Diametric is not over yet.

The price can once again retest the green box and penetrate more into the red box or even advance to the ceiling of the red box.

This behavior is not surprising because the liquidity pool that we identified in the previous analysis has not been swept yet

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Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTNeo WaveWave Analysis

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