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Drop to 3,600 should create a bear trap
On 4 March 2019 I predicted a rally to 4,000.https://www.tradingview.com/chart/BTCUSD/FMckCeSj-BTC-corrective-rally-is-over-prepare-for-a-dive/ That rally was supposed to complete a corrective wave b up of ii down.
Bitcoin hit 4,045 on 9 March 2019 and since then kept grinding lower. My expectations are unchanged, I expect Bitcoin to drop in a strong scary impulsive fashion to 3,600. That drop would complete a corrective a-b-c structure off the top of wave i up completed at 4,280 on 24 Feb 2019.
That final drop should make a higher low and set a stage for a new rally in wave a of iii targeting 4,580-4,650.
Bitcoin hit 4,045 on 9 March 2019 and since then kept grinding lower. My expectations are unchanged, I expect Bitcoin to drop in a strong scary impulsive fashion to 3,600. That drop would complete a corrective a-b-c structure off the top of wave i up completed at 4,280 on 24 Feb 2019.
That final drop should make a higher low and set a stage for a new rally in wave a of iii targeting 4,580-4,650.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.