kiaZar

BTC analysis Trend, Elliot waves, Hurst Cycle

BINANCE:BTCUSDT   Bitcoin / TetherUS
my pov: We are at the button of a longer term bullish channel starting Nov 2022, within that channel also in a smaller bearish channel starting from 14.04.2023. IF BTC manages to quit the long term channel, we might see 18-21k, or even lower. If not, we will continue the bullish channel up, which happened in March 2023. The wave 4, which we are in right now, is correctiv, has room between 25-21k down. That BTC did not buttom yet, hurst cycle is a good confirmation as we still expecting 2 low troughs in June and July 2023. Right now, bulls and bears are in balance, as we see in the trend channels. Please share your ideas on this.

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