Bitcoin (BTC): IF a Bottom is In
IF a bottom is in, it would look like this from an EW perspective. The bull Flag feature could be the breakout catalyst from a pattern perspective.
Blue (ii) has retraced 0.78 of Blue (i) which is quite the norm. Blue (iii) projection is made using a Trend Based Fib Extension of 1.618; clearly 2.618 has potential also.
For more in depth daily analysis of Bitcoin, consider joining the Haejin.com community of HODLers and Traders!
Blue (ii) has retraced 0.78 of Blue (i) which is quite the norm. Blue (iii) projection is made using a Trend Based Fib Extension of 1.618; clearly 2.618 has potential also.
For more in depth daily analysis of Bitcoin, consider joining the Haejin.com community of HODLers and Traders!
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