Will BTC enter Wave 5?
There is a very strong resistance zone in front of BTC and there is a probability that wave 4 is currently forming, which may translate into a strong trend reversal and entry into wave 5.
Note
It is possible that the low of wave 5 is available at $49,000, although $46,000 is still likely.
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.