BTC may be on its way to a target of $28870 (Elliot wave C wave target and is also the 50% length of the weekly candle/0.5 fib retracement of the weekly candle. I also see a slanted head and shoulder with the same target 👀 BTC is oversold on the many timeframes and could see a bounce towards $32150 before reversing. Let see which direction chooses but it is closer to breaking the green support trendline than reversing here. The trend is your friend until the end, when it bends. Break the trend, make a new friend. BTCUSDT.P BTCUSDT BTCUSD BTCUSD BTCUSD.P BTCUSDT
Chart PatternsTrend AnalysisWave Analysis

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