We will take a look on BTC & Make Technical Analyses on it to see if it will go down as some published or it will make a big move & go up - That's my opinion - Lets begin
After the big move of BTC - composed of 5 motive waves - .. we began to count the correction waves where i see 2 scenario
1- The correction ended with 3 waves A -red- & B -red- then wave C -red- composed of a b c waves -pink - as a zigzag Then we begin to count the new cycle That completed wave 1 &2 -red- & begin wave 3 that completed wave 1 - pink- & wave 2 pink is almost at the end & we will be in wave 3 of 3 soon
2- The correction not ended yet or almost at its end as correction have 3 wave A & B as the previous one But C wave not composed of a b c correction as a zigzag but as a triangle that composed of a b c d e -green- & wave e -green- is almost at the end
In any scenario ... i see BTC will go up in the next weeks or days .
N.B ... 1- There is a Bullish Bat 2- There is a Head & Shoulders 3- There will be good news in the next weeks 4- MACD has a Bullish Signal in 4 Hour chart
That's what i see on Bitcoin Chart
If there is anything not obvious ... Feel free to contact me .
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