This here is my sell analysis on Bitcoin for the coming months. We have seen a sharp sell off since November until January, where market finally found support at $33,000 and completed Wave A. We have started retracing to the upside now, as sellers have started running out of momentum so we need a liquidity grab in order to carry on down. I am now expecting Wave B to complete anywhere around $46,000-$48,000 before we see the next leg down towards $24,000 in order to complete Wave C of the correction phase.
Drop a like if you agree with my analysis or let me know if you have a different bias! I will be uploading more analysis on my channel so make sure to follow in order to keep up with all the latest updates.
Drop a like if you agree with my analysis or let me know if you have a different bias! I will be uploading more analysis on my channel so make sure to follow in order to keep up with all the latest updates.
