Bitcoin still is in a Bear cycle and we will continue to be during 2023.
Yes, there's going to be rallies but they won't last much.
As you can see in the graph, the current situation for Bitcoin in an Elliott Wave count is on a corrective pattern consisting of a A,B,C,D,E (5 wave) bearish diagonal.
We'll see how it creates that pattern during this year, in correlation with SPY and the markets, expecting a grave bear run at some point and a quick recovery later on.
Yes, there's going to be rallies but they won't last much.
As you can see in the graph, the current situation for Bitcoin in an Elliott Wave count is on a corrective pattern consisting of a A,B,C,D,E (5 wave) bearish diagonal.
We'll see how it creates that pattern during this year, in correlation with SPY and the markets, expecting a grave bear run at some point and a quick recovery later on.
交易开始
Here we go. C target achieved ✅Now continuing with the idea, we should see a deep pullback and break of the previous low in the following days/weeks, probably driven by the news (inflation, FOMC, etc.)
Let's go!
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。