BTC - Weekend pump - Midweek Dump
Along with Fibonacci / harmonic patterns - and also using BTC past price action as a vector, this scenario seems plausible to me.
* at point C. in this harmonic pattern I don't think there will be a sudden drop in bitcoin price(at least any more than usual ;) *but rather a smooth consistent markdown.
This chart is an idea and should not be traded around.
***BTC could very well bounce at $41725 to proximal new highs e.g. 50k or higher - however I am posting this chart with more confidence in downward movement.
Good luck and best regards
* at point C. in this harmonic pattern I don't think there will be a sudden drop in bitcoin price(at least any more than usual ;) *but rather a smooth consistent markdown.
This chart is an idea and should not be traded around.
***BTC could very well bounce at $41725 to proximal new highs e.g. 50k or higher - however I am posting this chart with more confidence in downward movement.
Good luck and best regards
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.