This is an EW Representation of BTCUSD . Currently We are in Wave-C Corrective impulse wave. However Henrik Zeberg suggested of a collapse move to 1760$ based on soaring real estate prices in his tweet. Cant deny the fact that we are also in a pandemic move with uncertainty among global investors, i thought of checking the bearish moves if in case we actually go down.
Although i am positive that wave B is finished above 4692$ 85% , considering the fear among people, i have casually drawn the bearish representation of wave B continuation to 580$ 123%. Please do let me know your opinions in the comment.
Note: I believe that we may START bull journey before end of the year.
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.