Bitcoin has been moving upward for more than 5 weeks now. During this time, there have been two drops and three legs up.
Currently, BTC is well on it's way to complete the 5th leg, which is likely to be the last leg up. I'm seeing the top of the 5th leg ending up around 51.5k, around the 1.272 Fibonacci extension from the 3rd leg.
I've marked the red support area as a potential end of the correction. The correction can last anywhere between 1-3 and would in the end be healthy for the market.
On the other hand, it's possible that the ABC correction never occurs and that we're going straight up to 60k. Future will tell.
Happy trading!
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。