CR35

BTC Finishing the main ABC correction

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BINANCE:BTCUSDT   Bitcoin / TetherUS

BTCUSDT

It sure looks to me that BTC is finishing 3rd wave that needs to eventually get above the B wave of the Mays ABC correction. If we get above ~$59600 it is safe to say that the main ABC correction is over. As 60k area acts as a large ressistence, we should expect a bit larger pullback into a 45-55k area, before another leg up that could manifest itself like a blow of top to 75-85k. This then marks the end of this bull run so BTC can finally correct back into a 15-20k zone.

Also all this forms nice cup and handle.

I am not a financial advisor so non of this is a financial advise. All this is my personal view of the market so i can still be wrong. Stay safe.
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.