Bitcoin BTCUSDT - Bullish Elliott Wave + Huge channel
- This is a bullish scenario for Bitcoin, if this scenario is wrong, then now we should see a small ABC to the upside (40-42k) and then another small 12345 Impulse down to 20-30k.
- For now this huge ABC correction has been completed succesfullly, but we do not know yet, if this major ABC correction turns into 12345 Impulse to the downside.
- The price is currently moving in the parallel channel on the daily timeframe.
- We also have a bullish hammer on the daily / 3D chart and RSI is very low.
- I think we are going to reach 40-42k in the near future before another threat can possibly come.
- 95% of altcoins looks still terrible, only few will go higher, for example ATOM is a great choice.
- For now this huge ABC correction has been completed succesfullly, but we do not know yet, if this major ABC correction turns into 12345 Impulse to the downside.
- The price is currently moving in the parallel channel on the daily timeframe.
- We also have a bullish hammer on the daily / 3D chart and RSI is very low.
- I think we are going to reach 40-42k in the near future before another threat can possibly come.
- 95% of altcoins looks still terrible, only few will go higher, for example ATOM is a great choice.
