market-range

Wave B has ended in Bitcoin?

Short
The (Y) wave from (B) ended on the same level I expected. Each upward move is just a pull back move.In the previous analysis, I was looking for the end of wave a from the pattern of the second part of the combination. Of course, there were intermediate analyzes that were updated week by week and day by day in the Telegram channel. Including it, which was labeled a-wave and we were looking to end it, is actually a diametric pattern. And the second pattern after x wave is completing a diametric. Now we seem to be in wave f of this pattern and an ascending g wave remains. Which is expected to continue around the previous ceiling. And enter the medium-term downturn in Bitcoin, whose minimum targets can be in the range of 35-37 thousand. The targets of the C wave can be at least 35,000, but it can also drop more up to 30,000 . Currently, no definite opinion can be given as to the goals of this wave.
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.