Bitcoin: Last Push… Now What? ⚠️
It looks like BTC has completed the final leg of the blue scenario from my previous post.
From a wave perspective, the latest move up appears to be a 3-wave structure, not a 5-wave impulse.
If that’s correct — this move is likely complete.
That opens two paths:
• A larger corrective phase (another 3-wave sequence)
• Or the start of a downside impulsive move
📉 First downside level:
72,600
I previously outlined more aggressive targets (including new lows),
but for now — step by step. Watching the reaction.
⚠️ Invalidation:
A move into 76,180
→ invalidates this bearish view
Until then, I’m treating this area as a potential top.
Price will confirm or deny
It looks like BTC has completed the final leg of the blue scenario from my previous post.
From a wave perspective, the latest move up appears to be a 3-wave structure, not a 5-wave impulse.
If that’s correct — this move is likely complete.
That opens two paths:
• A larger corrective phase (another 3-wave sequence)
• Or the start of a downside impulsive move
📉 First downside level:
72,600
I previously outlined more aggressive targets (including new lows),
but for now — step by step. Watching the reaction.
⚠️ Invalidation:
A move into 76,180
→ invalidates this bearish view
Until then, I’m treating this area as a potential top.
Price will confirm or deny
Operación cerrada: precio stop alcanzado
Bitcoin just went a bit above my invalidation and then followed my scenario 😤I need to fix my risk management - my invalidation was too tight😰
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.