CRYPTO - BITCOIN BTCUSD $BTC.X - EW Forecast
Model Forecast:
- Line of Least Resistance for this Impulse.
- 20k bottom at the least, possibly lower depending on underlying conditions.
- Expecting sub 10k levels before trend reversal.
- Global economic recession & bear market beginning... BTC is no exception... in fact it will be hit the hardest.
- COVID-19 Wave 5.
- Learn from the mistakes of 2017... Trade another day!
GLHF
- DPT
- Line of Least Resistance for this Impulse.
- 20k bottom at the least, possibly lower depending on underlying conditions.
- Expecting sub 10k levels before trend reversal.
- Global economic recession & bear market beginning... BTC is no exception... in fact it will be hit the hardest.
- COVID-19 Wave 5.
- Learn from the mistakes of 2017... Trade another day!
GLHF
- DPT
Note
Model Upgrade Testing Updated Line:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.