Elliot impulse waves subdivide into five waves. Three of them are motive waves (1, 3, and 5) and they move in the direction of a trend. Two of these five impulse waves are corrective waves (2 and 4), so they move against a trend
What i think is that we are in corrective wave 4 which about to end soon (Healthy correction) before wave 5 which will pump BTC to 27k - 32k
My Expectation : I expect the price will bounce soon either from : 1- Current level ( from here till 20k )
2- Second level around 18k
If you like this analysis and agree hit like and follow If you have any questions feel free to ask in comment section below ⬇️
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.