My last idea about the bitcoin (tradingview.com/chart/BTCUSD/4dw5zBSS-BitCoin-breakdown-is-still-near-Wave-4-ends-soon/) holds pretty strong currently, therefore I would like to take a closer look at the final 5th wave that may push the price down to 8k.
My Hypothesis: We are still in the ABC Correction that has started in December at around $20k. We are in Wave C which has a 12345 Sub-Wave pattern. Sub-Wave 4 seem to have ended like I described in my last idea and Wave 5 has started. I anticipate that Wave 5 will have an ABC sub-wave pattern as Wave 5 likes to form a similar pattern then the overall correction. We are currently in Subwave A. I think we will, therefore, have good buying opportunity between 9.5-8.0k.
My Hypothesis: We are still in the ABC Correction that has started in December at around $20k. We are in Wave C which has a 12345 Sub-Wave pattern. Sub-Wave 4 seem to have ended like I described in my last idea and Wave 5 has started. I anticipate that Wave 5 will have an ABC sub-wave pattern as Wave 5 likes to form a similar pattern then the overall correction. We are currently in Subwave A. I think we will, therefore, have good buying opportunity between 9.5-8.0k.
ملاحظة
We had good Support at 10k, I think we won't see BitCoin falling to 8k, but 8.5k instead
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.