Bitcoin
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BTC - Will it enter the land of FUD & Panic ?

373
BTC/ USD

Bitcoin has broken out of my channel and is currently held by strong support but still headed towards the bearish dump line.
If the bearish dump line breaks we will enter into the land of FUD & Panic. Expect people to sell out of their positions quickly to buy BTC at a lower price point.

8k -6.5k is the target if that happens.

Elliott waves aren't drawn on the chart but from the looks of it, we are currently in the B-C wave in the 1 Day chart. I'll attach an image in the comments.
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1 Day outlook

anlık görüntü
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I made some adjustments to the 1 day Elliott wave just to give another outcome.

anlık görüntü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.