BTC path laid out
Hello Everyone,
Here is a closer look at the price action of BTC expected in the next month and a half. This is a follow up to this morning idea. In this chart, we look at the current bearish wave C. I tried to track a few different wave cycles to be as accurate as possible. The future will show us if I am correct.
In the meantime, I will play accordingly to this blueprint until invalidated.
The bottom is not in yet. We are still due for a painful 30% drawdown. So stay safe, and if you find it challenging to follow an Elliott Wave plan, play for a horizontal level. This will help you to stay safe and manage your risk correctly.
I am now expecting a feeble push to 43500 with a rejection that will send BTC down to 37300. BTC will have the long waited for bounce relief up to 45k to then reach the bottom down to 29k. This should be over by the end of March.
Stay safe.
FOLLOW ME, SHARE, LIKE AND COMMENT
Here is a closer look at the price action of BTC expected in the next month and a half. This is a follow up to this morning idea. In this chart, we look at the current bearish wave C. I tried to track a few different wave cycles to be as accurate as possible. The future will show us if I am correct.
In the meantime, I will play accordingly to this blueprint until invalidated.
The bottom is not in yet. We are still due for a painful 30% drawdown. So stay safe, and if you find it challenging to follow an Elliott Wave plan, play for a horizontal level. This will help you to stay safe and manage your risk correctly.
I am now expecting a feeble push to 43500 with a rejection that will send BTC down to 37300. BTC will have the long waited for bounce relief up to 45k to then reach the bottom down to 29k. This should be over by the end of March.
Stay safe.
FOLLOW ME, SHARE, LIKE AND COMMENT
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