christoferjuliussayco

BTC decisive pivot and correction

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC reaches a decisive correction. A potential last wave of the huge B wave of a huge bearish count. If strength is retained in the correction, all time high is about to be broken. ABC illustration is not drawn properly. Just a skim illustration.
Comment:
5th count happened exactly as predicted where a liquidity grab was made. Now comes the correction where the correction must be made silently and no flashy moves to the downside. We must retain the 36k to 40k level in MONTHS OF CONSOLIDATION if we aim for a break to the ALL TIME HIGH.

Nevertheless, I expect a consolidation of decision.

A consolidation of range for ALL TIME HIGH?

or a BIG BIG MOVE TO THE DOWNSIDE for another cycle?
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.