I think the big Bitcoin rally ended at $124,500. I knew Bitcoin should hit a new record high above $123,200 and I thought it should be 130k but it didn’t happen. Primary wave 3 is over and now we have to wait for a correction to the 90k range to complete Primary wave 4. Altcoin season didn’t start because Bitcoin didn’t give it a chance! . This is my analysis on the weekly time frame. I have been long since the 80k range and if you look at my ideas they are mostly long but in my opinion Bitcoin has completed its main wave 3 and I am entering a short position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.