$BTC TOP 20
Added 2024-05-24 09:07:11 +0000 UTCThis is the bearish case scenario for $BTC which is the main chart we have been using.
I have moved Wave A to the bottom of the channel line, as the price has jumped in 3 waves since hitting this point, meaning the bounce so far is in line with a Wave B and also rejected trying to make a higher high and is also below the important support line of $69k now, after failing to hold this level.
So if $ETH pulls back now post ETF announcement then $BTC could be doing the same, which will pull this back for Wave C.
The 200 Day MA will be the level I would look for if this scenario plays out, which would be around $54k.
Comments
Tom Lee calling for $150 by YE lol
Mustang
2024-05-24 11:54:24 +0000 UTCGar there is an interesting mid cap coin $KAS kaspium, would love to hear your thoughts on the chart
Rihards
2024-05-24 09:13:59 +0000 UTC
