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BTC next target $4900/5200 in september

2279
Currently at a distribution zone around $6950/7120 the max high of this move, next target will be a new low ($5200/$4900) in September, there are many indicators showing price reversal but I don't like to overload the chart, with them.
Note
Re-acumulation zone, not distribution, it will continue to go up, target 7450/7500 for now
Trade closed manually
Note
BTC cup and Handle pattern target $7820
bitcoinwizard1
Bitcoin (Cryptocurrency)BTCHarmonic PatternsTechnical IndicatorsTrend Analysis

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Bitcoin (Cryptocurrency)BTCHarmonic PatternsTechnical IndicatorsTrend Analysis
bitcoinwizard1

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.