$BTC: Bitcoin Analysis: Bullish Scenario or Bearish Breakdown?
Bitcoin let’s start zoomed out let’s
start on the 1 hour time frame just want
to make sure that everybody is on the
same page everybody understands the two
scenarios We are following here on the 1
hour chart there is the yellow scenario
which I definitely give the benefit of
the doubt yeah we want to see if the
Bulls can make it in the yellow count
the wave for correction already finished
here on the 19th of April we have seen
an a-wave to the down side we have seen
a b-wave rally and the c-wave to the
downside and the c-wave is a five-wave
pattern and this completed a fourth wave
correction okay and this is possible
especially given that we have seen a
potential five wve Advance which peaked
here on Monday so that’s always what we
want to see we want to see a completed
correction then we’re watching for the
first five wave move up
$BTC: Bitcoin Analysis: Bullish Scenario or Bearish Breakdown?
#shorts #btc #bitcoin #crypto #trading #cryptocurrency #elliottwave #technicalanalysis #cryptonews #tradingview #tradingsignals #cryptocurrencies #bullish #bearish #bullmarket #blockchain #bitcoinnews #bitcoins #bitcointrading #bitcoinprice #bitcoinanalysis #bitcointoday
1 Comment
Cardano 🚀