Here is my EW analysis on where COINBASE:BTCUSD
is headed for the next couple of weeks. We're still in the final correction wave 5 which is likely to continue for the next 4-5 days. Look for a potential entry point between 8450-8650. If Wave five breaks through channel support at 8400, look for the next entry target around 7850-8000. Once trend reversal confirmed, expect about an 8-10 day bull run for COINBASE:BTCUSD
to return to widely popular, stellar
prices above $16,000.
Hope this analysis is insightful. Eager to hear your thoughts. Feel free to reply below with your feedback.