Bitcoin
Short

Elliot wave forces Bitcoin out of channel? possible downtrend

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Bitcoin is looking to complete the corrective Elliot Wave. Doing this would force Bitcoin out of it's uptrend channel.
Also Bitcoin has stopped increasing exponentially and is now rather increasing in a linear way.

This might be what is gonna cause the next big correction,
Uwaga
imgur.com/a/mQQty

The 0,386 Fibonacci retracement taken since the last correction and the Fibonacci extension taken from the corrective wave A-B lead us both to a target of 17k USD.
Uwaga
If anyone knows how to put pictures in the trade updates, please enlighten me as I am not very familiar with tradingview
Transakcja zamknięta: osiągnięto wyznaczony cel
target reached
Chart PatternsTrend AnalysisWave Analysis

My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios

If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ

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