interesting time in crypto and BTC chart :)
Last week I was looking on 1D chart with Elliott waves analysis and wave C completed (or partially completed?)
after this downtrend, market trying to jump higher - but 42.5k so far hasn't been crossed.
I can see, possibilities of retest lower area 1.618 fib (20k) could be achievable from this level. That will be good retest of previous (2019) ATH as well.
Wyckoff Distribution playing very well so far, and on this stage PHASES D/E on the way... before massive pull back / bull run .?!
Stay Safe People :)
Last week I was looking on 1D chart with Elliott waves analysis and wave C completed (or partially completed?)
after this downtrend, market trying to jump higher - but 42.5k so far hasn't been crossed.
I can see, possibilities of retest lower area 1.618 fib (20k) could be achievable from this level. That will be good retest of previous (2019) ATH as well.
Wyckoff Distribution playing very well so far, and on this stage PHASES D/E on the way... before massive pull back / bull run .?!
Stay Safe People :)
Comment:
looking from 4H chart
