Bitcoin
Short
Updated

Is BTC headed towards a correction?

417
As predicted in the preview idea, BTC topped around 12700.

The next move, in my opinion, will determine whether Bitcoin is headed towards major correction or not.

On the bigger time frame it looks to me that an ABC correction is developing.

Trade active
Yesterday flirted with the invalidation area.
First Target achieved!
Expecting some consolidation and then going back for Target 2
Note
snapshot
Trade closed: target reached
Well done boys, target 2 achieved!

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.