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Bitcoin - Creating another -30% correction!

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🤬Bitcoin (BTCUSD) is still in a bearish market:
لقطة

🔎Analysis summary:
Just a couple of months ago, Bitcoin created its expected bullmarket all time high. Since then, we already witnessed a correction of about -30%. But looking at higher timeframe structure, this correction is not over and we might see a final push of -30% lower soon.

📝Levels to watch:
$60,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
تم فتح الصفقة
🤬Bitcoin (BTCUSD) is just consolidating now:
لقطة

🔎Analysis summary:
The underlying trend of Bitcoin is still bearish. But recently, we have been witnessing quite a lot of consolidation on cryptos. However, looking at the underlying higher timeframe, it doesn't seem like this crypto bearmarket is already over yet.

📝Levels to watch:
$60,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
أغلقت الصفقة: تم الوصول للهدف
🤬Bitcoin (BTCUSD) can still drop a little lower:
لقطة

🔎Analysis summary:
After the recent short term consolidation, Bitcoin is now starting the next move lower. Looking at the higher timeframe, this will most likely be the final push lower during the bearmarket. And then, Bitcoin is just heading for another parabolic bullrun.

📝Levels to watch:
$60,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

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