good evening, i think btc has begun a mean retracement after the completion of a 5 wave move.
during this time, i dont expect any parabolic moves for btc, just a slow grind up before further downside.
alts can perform very well during this time, but be careful with them.
i do think we've entered into a larger bearish phase just based of everything that i've been seeing today.
will post little swings periodically, but ultimately i am mostly sitting in cash until this correction is resolved.
Wave C target = $58,400
during this time, i dont expect any parabolic moves for btc, just a slow grind up before further downside.
alts can perform very well during this time, but be careful with them.
i do think we've entered into a larger bearish phase just based of everything that i've been seeing today.
will post little swings periodically, but ultimately i am mostly sitting in cash until this correction is resolved.
Wave C target = $58,400
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I'm out of my long. The bears got this one.Nota
video update: youtube.com/watch?v=ymcPhvou1rI
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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.