BITCOIN - Let's Play Devil's Advocate - What If?
As noted in my previous video, deciphering this count has proven challenging. Therefore, based on my latest bullish analysis, I'd like to present a bearish perspective.
However, it's crucial to acknowledge that these viewpoints heavily rely on whether a low or high is breached. As of my posting, we've retraced to .618 in a somewhat choppy and feeble manner. Take a look at the count and draw your own conclusions.
My belief is that if we surpass $43,565, we'll ascend further, but if we dip below $42,331, we'll likely trend downward.
Await a breakout and share your insights by leaving a comment on your predictions.
However, it's crucial to acknowledge that these viewpoints heavily rely on whether a low or high is breached. As of my posting, we've retraced to .618 in a somewhat choppy and feeble manner. Take a look at the count and draw your own conclusions.
My belief is that if we surpass $43,565, we'll ascend further, but if we dip below $42,331, we'll likely trend downward.
Await a breakout and share your insights by leaving a comment on your predictions.
Related publications
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.
Related publications
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.