Bitcoin continues the downward trend. In this chart we demonstrated more details than in chart H1. Bitcoin seems to be following the ‘The Bullish AB=CD Pattern’.
The expected buy zone is at point D of the pattern. If there is a strong downward trend, it may go down deeper.
After the corrective wave downward sequence ends, Bitcoin will increase dramatically.
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The expected buy zone is at point D of the pattern. If there is a strong downward trend, it may go down deeper.
After the corrective wave downward sequence ends, Bitcoin will increase dramatically.
If you find our post useful, please give us a BIG LIKE Your support will be a great motivation for us to update chart every day! If you have any opinion about this chart, don’t hesitate to comment below! Discussion will make us better! Thank you, guys!
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Bitcoin is entering the final waves of the H1 frame, preparing to end a corrective cycle.
