BTC Monthly Close Target at $73k-$75k
Based on the current price action, it seems wave 4 is over, bounced on the previous resistance level (66k-67k) and now beginning to slowly approach the wave 5 target, which is in area of 123.6 – 161.8% wave 4 fib.
If the target area hit, the monthly close would be beautiful.
Disclaimer : this is my first time using Elliott Wave, so NFA.
If the target area hit, the monthly close would be beautiful.
Disclaimer : this is my first time using Elliott Wave, so NFA.
Note
the path is rough, just treat the FUDs as a noise. believe.Note
looking at current PA, the chance to break over 70k at monthly close is small, so i believe that we are chopping again for few days again. i'm keeping my position open
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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.