This is an EW Representation of BTCUSD . Currently We are in Wave-C Corrective impulse wave. However Henrik Zeberg suggested of a collapse move to 1760$ based on soaring real estate prices in his tweet. Cant deny the fact that we are also in a pandemic move with uncertainty among global investors, i thought of checking the bearish moves if in case we actually go down.
Although i am positive that wave B is finished above 4692$ 85% , considering the fear among people, i have casually drawn the bearish representation of wave B continuation to 580$ 123%. Please do let me know your opinions in the comment.
Note: I believe that we may START bull journey before end of the year.
Although i am positive that wave B is finished above 4692$ 85% , considering the fear among people, i have casually drawn the bearish representation of wave B continuation to 580$ 123%. Please do let me know your opinions in the comment.
Note: I believe that we may START bull journey before end of the year.
