Geneverse

Bitcoin: When Correction may begin...

Long
TVC:DXY   U.S. Dollar Index

As we see 1.618 Time-Ret is passed therefore the last big uptrend is weak, it strongly suggests that we are going to have lower lows in the big cycle in long-term.

Price is strongly moving toward the fork's median line. as a rule price may begin a correction by hitting the median line that's the time we will have BTC price correction and then after some time continuing the Rally again.
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.