BTC - 5th Long Wave coming (Down)
At 4H you can see no divergence, it will fall once again and probably longer since wave 1 and 3 looks about the same distance.
If this is true, it could go near 5000. Which is insane for anyone who wants to invest this could be it. The next purchase spot.
Be alert it could just bounce in the big downtrend line and go up once again.
But right now.. it's consolidating in a bear flag with MACD going down.
If this is true, it could go near 5000. Which is insane for anyone who wants to invest this could be it. The next purchase spot.
Be alert it could just bounce in the big downtrend line and go up once again.
But right now.. it's consolidating in a bear flag with MACD going down.
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