BTCUSD has completed a strong impulsive drop, and the market is now starting to build a corrective sequence. The internal structure of the current bounce remains corrective, suggesting this move is likely part of a larger wave formation rather than the start of a new impulsive trend.
If the sub-waves continue to unfold as expected, Bitcoin may form a short-term corrective pattern before the next decisive move. For now, momentum still aligns with a temporary relief structure developing after the impulsive leg down.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
If the sub-waves continue to unfold as expected, Bitcoin may form a short-term corrective pattern before the next decisive move. For now, momentum still aligns with a temporary relief structure developing after the impulsive leg down.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
