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Technical analysis by Crypto_Mercy about Symbol BTC on 12/13/2021

https://sahmeto.com/message/3360247

Bitcoin lowest target is 42765$

Neutral
Price at Publish Time:
$46,737.48
،Technical،Crypto_Mercy

Hi everyone, In my count, #Bitcoin is in a WXY (double correction). Y can be an impulse down, WXY, ABC or ABCDE. #bitcoin actual pattern look like a barrier triangle W4 (descending triangle), which should bring more downside. This scenario show a max target of 42765$. Another possible target would be 45842$ is 161.8%. If this turn out to be a WXY inside Y 35k would be a possible target, but this is not what i see for now. Best to you.

Source Message: TradingView
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