Big players played a false move to shake weak hands when US data, trade deals, crypto policy etc etc favoring continuation of impulsive move. But its big players deliberate move to generate liquidations and get bigger qty of bitcoins.
Now
As per revised 4th wave shown in green line and black was earlier given wave counts.
There is no 100% accurate levels and its based on demand and supply when ever big players and algo wants to move the price either side.
In case price move above 116030 then i wish to consider 4th wave is done and we move towards 133K even if its not going to happen then also mean revision or rejection comes above 118K only and risk to reward Favours buying this dip or hold with money management.
Tariff news is not at all a impacting factor for economy as US customers going to choose the better deals and move on. every day importers and exporters compete with each other. countries compete with each other. why BTC which gets higher price due to fiat money printing get impacted now. its all big player games i think
Now
As per revised 4th wave shown in green line and black was earlier given wave counts.
There is no 100% accurate levels and its based on demand and supply when ever big players and algo wants to move the price either side.
In case price move above 116030 then i wish to consider 4th wave is done and we move towards 133K even if its not going to happen then also mean revision or rejection comes above 118K only and risk to reward Favours buying this dip or hold with money management.
Tariff news is not at all a impacting factor for economy as US customers going to choose the better deals and move on. every day importers and exporters compete with each other. countries compete with each other. why BTC which gets higher price due to fiat money printing get impacted now. its all big player games i think
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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.