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BTC relief rally might end around 52k

Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Wave Analysis Bitcoin (Cryptocurrency) BTC Cryptocurrency crypto cryptotrading
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Bitcoin's relief rally is having a correction now. May be this is the 2nd wave out of total 3 in this trend.

Using the Fib.Retracement tool I can see that the golden 0.5 level is around 52k.

This might be just enough to hype again the people seeing Bitcoin above major level at 48k and than flush them all.

Who knows.

Idee correlate

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