BitcoinShort
BTC CYCLE TOP IDEA!
Is BTC performing a bigger ABC corrective wave down to the 0.786 and wick to the 1.0 as in previous markets?
You can see on the charts that the previous retracements were to the 0.786.
On the weekly it looks like BTC may have hit the ATH and completed the 5th wave of the cycle and is potentially in the "CORRECTIVE PHASE C" with a target of $14,979.
BTC is looking bearish in the short to mid term. I opened a short from $48,000 and so far is playing out really well.
Safe trading.
You can see on the charts that the previous retracements were to the 0.786.
On the weekly it looks like BTC may have hit the ATH and completed the 5th wave of the cycle and is potentially in the "CORRECTIVE PHASE C" with a target of $14,979.
BTC is looking bearish in the short to mid term. I opened a short from $48,000 and so far is playing out really well.
Safe trading.
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