Hello guys,
All indication pointing at one more leg up(at least to level of 7425$-7595$) for BTC before any potential drop.
But history show that when ever BTC is at potential major support or resistance it usually exhibit a pattern of 12345 where price tend to move to the opposite direction of the end of phase 4-5.
The above pattern usually may present itself in the form of divergence either BULLISH or BEARISH Divergence dependent on where price direction face.
From the pattern we are presently at phase 3-4 which may take price down to around (7050$-7130$) this is not A MUST to happen but a POSSIBILITY.
Final target for BTC at end of phase 4-5 with this pattern is expected to be between (7425$-7595$).
Then we will have a potential drop that will take us back to 5890$-6057$.
I will keep updating this thread as market proceed.
Thanks for reading through and I will appreciate your likes and please do share our ideas and follow us for more updates.
Here are some of our past hot thread on BTC.
Potential wave pattern for XBT/BTC guys check it out.

Bitcoin Corrective pattern

Potential IHS in formation with target pointing at 8000$-8800$

Possible next move for BTC

Great recovery path for BTC, do have a look.



BTC Typical wave pattern

BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.

Effect of Magical trendline

The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.

This BTC channel show entire BTC lifecyle

All indication pointing at one more leg up(at least to level of 7425$-7595$) for BTC before any potential drop.
But history show that when ever BTC is at potential major support or resistance it usually exhibit a pattern of 12345 where price tend to move to the opposite direction of the end of phase 4-5.
The above pattern usually may present itself in the form of divergence either BULLISH or BEARISH Divergence dependent on where price direction face.
From the pattern we are presently at phase 3-4 which may take price down to around (7050$-7130$) this is not A MUST to happen but a POSSIBILITY.
Final target for BTC at end of phase 4-5 with this pattern is expected to be between (7425$-7595$).
Then we will have a potential drop that will take us back to 5890$-6057$.
I will keep updating this thread as market proceed.
Thanks for reading through and I will appreciate your likes and please do share our ideas and follow us for more updates.
Here are some of our past hot thread on BTC.
Potential wave pattern for XBT/BTC guys check it out.

Bitcoin Corrective pattern

Potential IHS in formation with target pointing at 8000$-8800$

Possible next move for BTC

Great recovery path for BTC, do have a look.



BTC Typical wave pattern

BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.

Effect of Magical trendline

The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.

This BTC channel show entire BTC lifecyle

交易結束:目標達成
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。