good morning o/
nice little relief rally for da bulls
but i'm afraid that's all this really is,
a wave 4 bounce.
could go as high as 34k before seeing another leg down to around 27.2k (where i will become a buyer).
----
what i have projected on my chart,
is the highest probability path i could see for bitcoin from here,
to complete the larger corrective phase.
PS. if it could push above 34k, then there could potentially be something else going on (view my post from yesterday for more context)
nice little relief rally for da bulls
but i'm afraid that's all this really is,
a wave 4 bounce.
could go as high as 34k before seeing another leg down to around 27.2k (where i will become a buyer).
----
what i have projected on my chart,
is the highest probability path i could see for bitcoin from here,
to complete the larger corrective phase.
PS. if it could push above 34k, then there could potentially be something else going on (view my post from yesterday for more context)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.