Bitcoin / Tether

Cautious on Bitcoin: Expecting a Sharp Pullback Before Long

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Cautious on Bitcoin: Expecting a Sharp Pullback Before Long

1⃣ Current Stance: Cautious on long positions in BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation.

2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction.

3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage.

4⃣ Next Steps: Will provide further updates after additional confirmations are observed.

Note: This is NFA. Always DYOR before making any trades.

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