Bitcoin Morning Update Feb 24

in #btc3 years ago

Hello guys are you doing?

Bitcoin is going down for the ABC corrective wave to be completed. Please find my analysis and count below video.

It looks like bitcoin is going to form the zigzag ABC pattern and right now A wave is in progress. Once the last wave ( #5) is formed for eave , we will see some upper movement for wave B and after that there will another lower low for completing the wave C.

Clearly its Bearish. Get your cash ready guys .. :-)
Bitcoin_morning_update_02_24.png

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Hopefully not but nice TA

Very nice analysis. Thank you. Your scenario makes a lot of sense.

I am waiting to buy BTC around A....$8.5k area.....Your projection is lining up with other traders I am following.
upvoted for good projection...Bearish move....

Thanks for the info