Bitcoin in A Correction! Next Target 26k$ to 34k #bitcoin
BTC Daily Chart | Elliott Wave Analysis
Bitcoin may take the corrective wave (4) in a form of flat (regular or expanded) and recommended buy is at 0.618 fib retracement of the impulsive wave (3) which is at 26.6k$.
Target for the Impulsive wave (5) is at 34k$ or the equidistant to the height from the Inverted Head to the broken neckline (which confirmed the bullish reversal).
Neckline is presented as the EQH (equal Highs) that was broken last 17th March 2023.
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Bitcoin may take the corrective wave (4) in a form of flat (regular or expanded) and recommended buy is at 0.618 fib retracement of the impulsive wave (3) which is at 26.6k$.
Target for the Impulsive wave (5) is at 34k$ or the equidistant to the height from the Inverted Head to the broken neckline (which confirmed the bullish reversal).
Neckline is presented as the EQH (equal Highs) that was broken last 17th March 2023.
Follow, Like and Share to receive detailed and informative Elliott wave charts objectively analyzed by marketpainterPH
#elliottwave
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