jalalihadipoor

Bitcoin analysis

Short
BITSTAMP:BTCUSD   Bitcoin
Hello friends

In the major period and in the weekly time frame, if we accept that at the price of $69,000, the 5-wave bullish Bitcoin has ended, we can imagine that we are still taking corrective steps.

Also, by hitting the supply area of ​​30-33 thousand dollars, we saw the breaking of the Rising Wedge pattern, which makes the above analysis more likely to be correct.

If the price level of 24800 dollars is broken, the final confirmation will be issued to continue the decline.

Based on this, my overall view on Bitcoin is bearish
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