Technical analysis by KoopmansTrading about Symbol BTC on 2/15/2022

KoopmansTrading

This is my analysis on Bitcoin for the month februaryPlease leave a like or leave a comment if you have a different view on this price action.Explanation:Wave 1: Sharp move to hunt late shorters /exit of short positionsWave 2: Long consolidation period to towards the line of our channelWave 3: Nice move to the upside, 1.382 of wave 1, taking out stop lossesWave 4: Bullish flag , now with D (max pain point imo) Taking out high leverage positions in consolidation area, to take out high lev longers laterWave 5: Biggest wave of this channel, take out all the shorters before making next moveThis is not financial adviceWaiting for the S&P to dropLooks like the timing is on linear scale.Waiting for volumeTarget hit on Linear scaleLooking for a long now