This is my current views and estimate of the current Bitcoin movements.
It seems to me that the move from Dec 16th to Jan 20th has made a Leading Diagonal as a wave 1.
Currently we seem to be losing short term momentum and am thinking we will make wave 2 of wave 3 in a cycle.
Wave counts were made using Fibonacci retracement and extension tools but are rough estimates.
It seems to me that the move from Dec 16th to Jan 20th has made a Leading Diagonal as a wave 1.
Currently we seem to be losing short term momentum and am thinking we will make wave 2 of wave 3 in a cycle.
Wave counts were made using Fibonacci retracement and extension tools but are rough estimates.
Catatan
current view of wave 2 correction of wave 3 in a cycleCatatan
Current thoughts Catatan
Green trend line shouldnt hold.Thinking we are going to continue this small correction
Catatan
Current estimateThinking we are still in a micro correction
Could fall anywhere between $9700 to $9100 (even $8700)
Will be watching for the higher low to form
Catatan
An estimateCatatan
Parabolic micro correction?Catatan
Current estimateCatatan
Catatan
My wave count must have been wrongCorrection is too steep to fit into previous model
Catatan
Showing the Fibonacci extension and retracement pivots
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.