Bitcoin technical analysis
Bitcoin ended the upwave starting from 3490.
The question is, how far will the corrective wave go now? And after this corrective wave, will there be another upwave?
A break of 4200 will likely cause a move to 4100.
At 4100 there is a high probability for another upwave towards 4555-4600.
A break of 4380 would confirm the expectation for a move towards 4555-4600
At 4555-4600 we expect another high and a new dynamic downwave.
The question is, how far will the corrective wave go now? And after this corrective wave, will there be another upwave?
A break of 4200 will likely cause a move to 4100.
At 4100 there is a high probability for another upwave towards 4555-4600.
A break of 4380 would confirm the expectation for a move towards 4555-4600
At 4555-4600 we expect another high and a new dynamic downwave.
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