I Think BTC is in a C wave of a corrective wave with a target around 37150 $.
The first corrective wave consisted of a 5 subwaves. then the B wave had 3 subwaves , and now its in the start of the 3rd wave of a 5 wave C wave , which its drop will be sharp again.
the stop for this sell will be in case that price goes above B of 52000 again.
current price is...
Hy dear Members. Hope you all are enjoying our ideas and Analysis. Now we are here to discuss about ETHUSD. ETHUSD had Breaked the trend line. Now it has maximum Chances that it will drop to the Price level 800 Soon.
Keep in touch we will update further soon.
I have made a lot of comments about the long term bull case for bitcoin. Really that comes in the form of a number of different angles and analysis, which I might suggest a couple more ways of looking at things.
This one goes on the assumption that the price follows historic price action, which it often doesnt. At these prices retail traders are put off, and...
Bitcoin is in a short term downtrend as well as downtrend in general, (however major trend remains bullish unless some key level are breached( later about that). We can see that in a short term price is forming a very tight descending channel. I think that there is a good chance that we will continue to do so unless we reach some key limits at 43...
Price continues to follow the Fibonacci Levels and has now identified an Ascending Triangle.
This is an update to my previous charts, laying out the Fibonacci Levels as projected up-to the point of the Triangle.
If price continues on its current path, we could be looking at a Price of around the $169k level by the end of 2021.
#bitcoin #bitcoinforecast #btcusd...
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