the_sunship

BTC wave 5 in progress

Short
the_sunship Updated   
COINBASE:BTCUSD   Bitcoin
It looks like wave 3 ended at 1.618 - a texbook length for a 3 wave, my feeling is we have one more move down for BTC and probably the general markets before a broad rally - good luck!
Comment:
Wave 4 should take more time, so watch for this extension after a dip.
Comment:
Close up of continued wave 4 possiblity

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.