Here' s #btc ' s falling channel pattern. This pattern also include' s Elliott' s ABC correction wave since 69K and seems not finished yet. I pointed two target prices. According to this channel main target is the lowest one, yes, horrorful. And I expect this will happen before Q2 2024. 17K price is also a strong support that we must reconsider.
This scenario will be invalid if #bitcoin price breaks up the channel and closes monthly before reaching main target.
A simple but probable correction scenario for #btc I' ve post but meantime there will be plenty of opportunies. And please don' t forget to DYOR. Train yourself and think with your knowledge not mine or another.
NOT FINANCIAL ADVICE.
This scenario will be invalid if #bitcoin price breaks up the channel and closes monthly before reaching main target.
A simple but probable correction scenario for #btc I' ve post but meantime there will be plenty of opportunies. And please don' t forget to DYOR. Train yourself and think with your knowledge not mine or another.
NOT FINANCIAL ADVICE.
