BITCOIN - Short Term View: BEARISH
ABC Correction In Play
- Price is following expected price path which I published 3 days ago. Post can be found here: https://steemit.com/bitcoin/@benkalashnikov/3kqpne-bitcoin-short-term-view-bullish
- We managed to hit my target at $6,800 area and started a correction after that.
- Currently in the B correction wave and will probably break down and start a C wave.
- Still have $6,300 as correction target but will also be ready for $6,100 and $5,900
Scenario 2
- There's a case where we're in the final 5th wave in a leading first wave diagonal and that we'll touch the resistance at $6,900 before heading down again.
- Still same correction target at $6,300
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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.
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