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Cautious on Bitcoin: Expecting a Sharp Pullback Before Long
Cautious on Bitcoin: Expecting a Sharp Pullback Before Long
1⃣ Current Stance: Cautious on long positions inBTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation.
2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction.
3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage.
4⃣ Next Steps: Will provide further updates after additional confirmations are observed.
Note: This is NFA. Always DYOR before making any trades.
1⃣ Current Stance: Cautious on long positions in
BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation.2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction.
3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage.
4⃣ Next Steps: Will provide further updates after additional confirmations are observed.
Note: This is NFA. Always DYOR before making any trades.
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