BTC correction could be over - but there is a big BUT
The double ZigZag pattern could have ended early with a failing C wave. it is not very common but possible. This would indicate a new up move could develop from now on...
BUT: If you see a new low beneath 2240, better get prepared for BTC to drop to 1850 again.
UPDATE: 2240 has not been breached. I am shocked how exact i called the bottom this time. I do not think that BTC is going down any further. Correction seems over as it formed a failed C wave.
If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Tell me what you think...
Have a nice day :-)
Craig Wright with fucking miners drop bitcoin, want to fork? fork yourself!
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Nice post. Followed you. Please follow me.