Dasko

BTC 1Hour chart movement prediction/ scenario EW.

BITTREX:BTCUSDT   Bitcoin / Tether
i'ts easy to draw the Elliott wave.
Here is my thoughts on bitcoin next movements by following the both EW steps wave 3 it's very important because the market here has done about 50% retracement from last ATH on 1 day chart with that been said, if the market keeps going up and following the white EW steps it means we are in strong uptrend but if it follows the yellow EW steps we might go back to 10000 levels.

Personally I believe in this market no matter how low it could go eventually it will keep coming back and make new highs. this market is HODL for life!!

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.