Down for Bitcoin

Hi traders,

Bitcoin is in a big range. If it wants to go up I think it could come down one more time into the direction of the dotted trendline to break the previous lows.

So at the moment we could see more downside for this pair.

If Bitcoin wants to make a new ATH it could not go lower than (orange) wave 4.

Let's see what the market does and react.

Trade idea: Wait for a sweep of the previous lows, a change in orderflow to bullish and a small correction down on a lower time frame to trade longs.

If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.

Don't be emotional, just trade!

Eduwave