Technical analysis by AndyM about Symbol BTC: Sell recommendation (7/18/2022)

This could very well be the end of wave 4.Ticks all the boxes, time-wise (precisely one month), and structure-wise (very clean ABCDE, powerful E at the end).1000..4000 should be tagged.BTC will not be alone. Correlations tend to peak towards the end of the bearish wave. At the time when EURUSD will be flirting with 0.80, BTC might very well find peace of mind around 1k-4k.