Bitcoin update. More complex ABC correction, but bigger picture looks bullish!
Bitcoin is making more complex ABC flat correction and it could be:
- expanding flat if (C) wave goes below (A) wave;
- contacting flat if (C) wave doesn't breaks the low of (A) wave.
However correction is short term and bigger picture looks bullish, but be careful at 12-13K usd zone!
Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!
PLEASE EVALUATE MY TIME BY UP VOTING AND RESTEEMING THIS POST. THANK YOU!
Your crypto_analyst
@andriustovis
There's going to be plenty of shakeouts before we see all time high again as the big hedge funds do not buy high. HODL and accumulate bitcoins. Nice post. Not an elliot wave trader but if theres confluence why not.
Is your chart is still valid?
Yes, it is!
Wow! Thanks, I'll be holding my breath waiting to see which way it goes!
yeah we have to break the downtrend