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Bitcoin
Long

BTC still looking for a final wave 5 impulse.

147
BTC has been trading in this range for more than a year now. It is still looking for that final wave 5 impulse move. However, the wave 4 correction is not complete and breaking down from here opens up the possibility of going down to 30K where it will find strong support. If you're in too deep, you should unwind you positions to a comfortable as we start to move up in the next few days.

BULL CASE
100K!

BEAR CASE
30K
IkanBilisCapital
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BTCUSDbtcusdanalysisbtcusdforecastbtcusdideabtcusdlongbtcusdshortbtcusdtlongChart PatternsTechnical IndicatorsTrend Analysis

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.
BTCUSDbtcusdanalysisbtcusdforecastbtcusdideabtcusdlongbtcusdshortbtcusdtlongChart PatternsTechnical IndicatorsTrend Analysis
IkanBilisCapital
Also on:

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.