BTCUSDT Perpetual Contract

btc 3-14 update ~

1 586
good evening,

crypto has been in quite the funk lately,
my only explanation for this sort of price action is we're in a triangle.

technically a triangle within a triangle.
double the chop, double the accumulation.

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i do believe the local abcde has been completed into wave B or wave X,
and now we're in the midst of the early stages of beginning wave C\Y.

bullish invalidation is quite tight, right at 37.1k
a break below this level will put us into something a tad more complex; will talk more about it if it was to happen.

C\Y target = 52k.

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