ayeshanicole

BTC Flat Correction

Short
BITSTAMP:BTCUSD   Bitcoin
My initial count of EW was ZigZag but as it unfolds I'm seeing a flat correction.
I'm bullish in Bitcoin but it may need to correct/consolidate its gains from its strong run from H2-Q4 of 2020 with spillover of early 2021.

I'll be placing my shorts on the lower-low at the point of Wave 2 of C.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.