🚨🪙📊 Bitcoin – Flat Correction Update
🔄 After hitting a low of 63K on 28 Feb, Bitcoin started its corrective rise. The A wave unfolded in 3 sub‑waves, signaling a Flat Correction (B wave retraces > 61.8%).
📉 B wave: Formed on 29 Mar with a low of 65K
📈 C wave: Currently unfolding in 5 sub‑waves:
1️⃣ Wave 1: Completed on 10 Apr 📉💹
2️⃣ Wave 2: Bounce completed on 13 Apr 🔼📊
3️⃣ Wave 3: Sharp rally to 79,482 🚀💰
4️⃣ Wave 4: Flat cooling, completed on 29 Apr 🧊📉
5️⃣ Wave 5: Now continuing — any confirmation in price is a short signal 🐻⚡📉, with potential downside towards 60K 💥💹
🔄 After hitting a low of 63K on 28 Feb, Bitcoin started its corrective rise. The A wave unfolded in 3 sub‑waves, signaling a Flat Correction (B wave retraces > 61.8%).
📉 B wave: Formed on 29 Mar with a low of 65K
📈 C wave: Currently unfolding in 5 sub‑waves:
1️⃣ Wave 1: Completed on 10 Apr 📉💹
2️⃣ Wave 2: Bounce completed on 13 Apr 🔼📊
3️⃣ Wave 3: Sharp rally to 79,482 🚀💰
4️⃣ Wave 4: Flat cooling, completed on 29 Apr 🧊📉
5️⃣ Wave 5: Now continuing — any confirmation in price is a short signal 🐻⚡📉, with potential downside towards 60K 💥💹
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Related publications
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.