$BTC Bitcoin rose from a low of 57000 to a high of 87000 in five impulse waves.
It is now undergoing a correction in three ABC waves.
The first wave, A, has now ended after the strong rebound. If you look at the Bitcoin chart, you’ll see that the low preceding the 87000 high is the same area Bitcoin has now bounced from.
Therefore, bullish wave B will begin, and may exceed 84000, followed by the final wave C, which will reach 67000. We’ll take advantage of each wave and enter a buy position now with the following targets:
TP1: 79000
TP2: 81000
TP3: 83000
STOP :74000
#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #USNovemberMichiganExpectationsIndexPrelimAt50.9 #TradFiForBeginners #USMidtermsCouldShakeUpUS-IranTies
It is now undergoing a correction in three ABC waves.
The first wave, A, has now ended after the strong rebound. If you look at the Bitcoin chart, you’ll see that the low preceding the 87000 high is the same area Bitcoin has now bounced from.
Therefore, bullish wave B will begin, and may exceed 84000, followed by the final wave C, which will reach 67000. We’ll take advantage of each wave and enter a buy position now with the following targets:
TP1: 79000
TP2: 81000
TP3: 83000
STOP :74000
#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #USNovemberMichiganExpectationsIndexPrelimAt50.9 #TradFiForBeginners #USMidtermsCouldShakeUpUS-IranTies
