On the graph, we see the completion of a 5-wave structure with correction waves ABC which are just wave 2 in a larger 5-wave structure. Now we are at the level of 50% Fibonacci retracement, where we can expect the beginning of wave 3. Also on this coin, high-profile events such as the KEVM testet, the road map update, and the IELE Virtual Machine testet are expected.
For a day, Bitcoin lost more than 7% in price and traded at $ 8200. But so far nothing critical has happened, we walk along the corridor and now stand at the lower border. This is a strong support zone, the penetration of which will open the way for us $ 7800. If the 7800 level does not hold, this tells us about the possibility of starting a new bearish trend with...
We see the completion of a huge triangle with the breaking of its upper boundary. If we gain a foothold, this will enable buyers to gain strength for further growth. In the next few months, a lot of good news on this coin, which should positively affect the price. Such as: hard fork, mobile wallet, sidechains, and the launch of a decentralized exchange. All good...
