DigitalSurfTrading

Bitcoin Prepares for Final Dip Under $35K --

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin's initial wave upwards from $29K gave indication that a major dip was to come.
The yellow 'triangle' will give indication that we're likely within our 'final' wave down.
The next 5 wave move (listed in red) can be either an impulsive wave down, or a diagonal wave down.

A triangle in yellow + a diagonal in red (hypothetically) would give even more indication that a reversal was immediately pending.

Sharing chart analytics to build the world's most profitable investor community. New admissions are closed until August 2025.
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.