BTC is coming up on the 5th wave of this downturn. I expect at least a bounce to the .236 fib or possibly .382, if it can get some momentum. That may come off of a double bottom that is coming shortly. Then it may finally resume upwards. If it just continues downwards, I'll sit on my hands for another couple days. Man I am so sick of BTC moving in one direction. I believe once it can catch some momentum back up, we will see a strong movement in a positive direction. Nothing to fear here, just discount buys for all.
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.