BTCUSD Trend and Wave analysis

2021년 12월 5일

Bitcoin and here the total crypto index forming a correction structure in the form of abc flat to complete the larger wave 4 and wave 4 has not been completed yet and there is a possibility of a fall to the specified targets
In general, for cryptocurrencies, such a downturn can be considered until cryptocurrencies do not grow until bitcoin completes its own correction structure. The role of bitcoin for cryptocurrencies is like an index

(Check out my October 16 post about bitcoin warning of a drop that will drop to abc flat)


The wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement.
This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention the take profit and stop loss . Cryptos show emotional and unforeseen price behavior.
I use Elliott and Price Action in my analysis, and my analysis is based on that. The structure of the Elliott wave count is complex and different patterns are formed in the chart, so there is a possibility of a change in the price movement of the price.

2021년 12월 5일

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