Bitcoin / TetherUSCorto
Bitcoin anxiety: what if this is bull market?
Hello, everyone!
Bitcoin made another one leg up and stopped just under the top at 32k. It looks really dangerous for bears. Anyway my main scenario still can be valid, but today I want to consider what if I am wrong and BTC will break 32k, how it can happen.
If we look at the current move as to the impulse here are no ways except this is wave 3 finish. we can see the perfect reaching of the 1.61 Fibonacci extension and forming of the bearish reversal bar at the top. This time the reversal can be real and minimal target is still at $28200.
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Bitcoin made another one leg up and stopped just under the top at 32k. It looks really dangerous for bears. Anyway my main scenario still can be valid, but today I want to consider what if I am wrong and BTC will break 32k, how it can happen.
If we look at the current move as to the impulse here are no ways except this is wave 3 finish. we can see the perfect reaching of the 1.61 Fibonacci extension and forming of the bearish reversal bar at the top. This time the reversal can be real and minimal target is still at $28200.
🚀Follow us and never miss the update
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.