Bitcoin

btc update

224
Hi, based on EW and some other patterns btc made 5 waves from low and it could be that bottom is in (blue scenario) + there is also inverted head&shoulders .....but, that 5 waves could be part of flat correction (red scenario) so we have to be careful.
So, this we could rise a bit more and then we have to watch what would fall look like...if it will be A-B-C and not falling much below h&s neckline that would be bullish (blue scenario). If it falls impulsively then we could expect visiting 26-24k where should be bottom after which i expect 50-80k.

Cheers!



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