Looking at Bitcoin from a market structure perspective, it seems as though we are currently witnessing a bearish cycle which could see us test the $55,000 price.
In the near to medium term, there is a case for:
nonetheless, longterm this looks like it has more downside, so I would be keen to see how this develops.
In the near to medium term, there is a case for:
- a bearish (5)-wave cycle, which would suggest that we may have posted a 4th wave correction and could begin to trade lower as we build the 5th wave decline.
- Alternatively, we have a completed (ABCDE), which would suggest that we will see more upside (as illustrated by the black wave-count for example).
nonetheless, longterm this looks like it has more downside, so I would be keen to see how this develops.
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.
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.