According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950.
Sometimes Bitcoin exceeds the wave level,
I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900.
Then after that we will witness a real bull run extending to 85,000
Sometimes Bitcoin exceeds the wave level,
I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900.
Then after that we will witness a real bull run extending to 85,000
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BTC 1D
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Bitcoin may exercise these waves, but in the end it will drop to the 55900-49900 area .
This may take several weeks or months.
This may take several weeks or months.
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Bitcoin seems to be in a state of confusion like never before
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Bitcoin remains hesitant inside the triangle
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I Think that the real rise of Bitcoin will not start until the RSI drops to the 50-60 level (weekly candles)
The price should be between 58k - 49k ... and the exact golden number here is 56k
The price should be between 58k - 49k ... and the exact golden number here is 56k
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Bitcoin broke the triangle down
Wait for the close of the day
Wait for the close of the day
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The RSI on the weekly candles drops to level 63 and approaches the previously placed chart
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FIBONACCI
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59K ✅
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I hope the price doesn't go down,
But it is expected to go to 56,000 and then we will see what happens.
But it is expected to go to 56,000 and then we will see what happens.
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Bitcoin price has dropped to 56,000 ✅
Let's see if it closes above or below 59,000
Let's see if it closes above or below 59,000
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The RSI on the weekly candles drops to level 57
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Interest rates are steady and the Fed press conference is positive
We wait for a close at a price higher than 59,000
We wait for a close at a price higher than 59,000
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Maybe This is the next move of Bitcoin on the weekly candles.