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BTCUSD initial reaction failed, and price action suggests one more leg lower to complete a 5th wave from the 10/27 peak. This would wrap up the current impulsive decline and set the stage for a larger corrective bounce.
⚠️ Important Note:
Treat any upcoming bounce as corrective, not impulsive. The structure does not yet support a new ATH scenario unless the market proves otherwise with a decisive bullish shift.
BTCUSD initial reaction failed, and price action suggests one more leg lower to complete a 5th wave from the 10/27 peak. This would wrap up the current impulsive decline and set the stage for a larger corrective bounce.⚠️ Important Note:
Treat any upcoming bounce as corrective, not impulsive. The structure does not yet support a new ATH scenario unless the market proves otherwise with a decisive bullish shift.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.