Bitcoin / TetherUS
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Bitcoin is still bullish (4H)

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Bitcoin appears to be in a dual bullish structure, currently in the second bullish phase following wave X.

Considering the expansive nature of the correction in the second pattern, it seems we are within an expanding triangle or a diametric structure.

Based on the duration of wave C, it appears that the bullish wave of the second structure is not yet complete.

We expect such fluctuations for Bitcoin in the coming period.

A daily candle close below the invalidation level would invalidate this outlook.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Transaction en cours
The upper green zone has so far pushed the price up by more than 3%, but the upward move starting from the upper green zone is weak. We expect the price to soon reach the lower green zone, and then a new ATH (All-Time High) to be registered.

It’s better to wait for the lower green zone before considering a buy.

snapshot

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