Technical analysis by krjcrypto about Symbol BTC on 6/20/2023

everyone :construction: BTC caution zone :construction: OK, there is a LOT going on Here with this chart if it crossed above 33k then the bearish scenario is gone If it crosses above that blue line the bearish scenario gets weaker because it would have to trade sideways before it can get the chance to drop again up on the top is the elliott structure laid out in a simple FIB format can it double top at 30k before dropping? - yes and no if it breaks that blue trend line this will continue to run up however... the elliott structure is still good up until 33k because this cannot cross above the bottom of wave 1