ericisom887

Bitcoin: 56K Before low 80K range.

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Feast yer eye's lads.

Literally, 10 minutes ago Tether sent out 2 1 billion USDT minted transactions to binance. People will think they're buying when they're just replenishing supply requests. Wave count shows a decent first and third wave extension that NEARLY touched the 1.618 I was looking for.

We passed a MAJOR VPR Resistance that was formed back in March when Bitcoin went sideways for awhile. That price point is $56,200, which PERFECTLY lines up with the anchored VWAP.

PLEASE NOTE: THIS DOES APPEAR TO BE A WXY CORRECTIONAL, SUCH CORRECTIONALS CAN SOMETIMES BE A LITTLE UNPREDICTABLE ON THE WAY TO ANTICIPATED PRICE TARGETS. Would not high levy yolo this.

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.