BTC seems to love these sideways correction patterns, which I believe to be the sign of a bullish market. Rather than an ABC correction going down, BTC only corrects sideways. Unfortunately it's hard to tell it's actually in an ABCDE correction (as opposed to ABC) until it's halfway through it; IMO it was only recently confirmed about an hour ago when it bounced off the new bright blue trend line I drew.
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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.