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Bitcoin mean algo reversion to 50% fibo. 50.9K inbound
From n elliot standpoint price is moving sideways which shows a higher probability wave X formation with subsequent exit to 50.9k-51k USD confluent with mean algo.
Long idea below 40k USD with tight stop at the weekend low(aggressive stop) and for conservative stop the prior higher low(1 level below)
Cheers and good luck
Long idea below 40k USD with tight stop at the weekend low(aggressive stop) and for conservative stop the prior higher low(1 level below)
Cheers and good luck
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