BITCOIN ANALYSIS
My analysis on btcUsd 30-minute chart Shows a potential corrective structure since we recognize an A-B-C structure that forms the first leg of double zig zag correction wave(w) and another A-B-C structure that makes up the last leg of the double combo.
Also, there is a descending parallel channel supporting the corrective strucre, I expect the corrective wave should terminate any time soon and then wait for a bullish confirmation signal to prepare for the next bullish move.
Also, there is a descending parallel channel supporting the corrective strucre, I expect the corrective wave should terminate any time soon and then wait for a bullish confirmation signal to prepare for the next bullish move.
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