Conditions for Continued Heavy Decline in Bitcoin

10 Oca

Following the realization of the previous analysis (attached to this report), Bitcoin is currently forming a neutral pattern of an expanding type on the 4-hour time frame.

If this scenario is in the process of completion, the final wave movement should not break the $89,925-$88,300 level. As long as this level is not breached, a price rebound and support are expected, with minimum targets of $99,000 and $101,000.

15 Oca

Not

The price trend is continuing exactly as analyzed.