Bitcoin ABCDE correction
Hey everybody.
Not long ago I posted an idea of BTC dropping to 6500$ before regaining strength. After some thought and knowing that we might be in major wave 4 (looking at multi-year perspective). 4th waves are known for triangles and long consolidations. Well there you have it.
After marking possible E wave before major bull run, I saw one date - BTC Halving in May 2020. So we also have fundamentals behind this idea.
Let me know what you think.
Not long ago I posted an idea of BTC dropping to 6500$ before regaining strength. After some thought and knowing that we might be in major wave 4 (looking at multi-year perspective). 4th waves are known for triangles and long consolidations. Well there you have it.
After marking possible E wave before major bull run, I saw one date - BTC Halving in May 2020. So we also have fundamentals behind this idea.
Let me know what you think.
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