Technical analysis by Altsignals about Symbol BTC on 3/7/2022

Our recent Bitcoin analysis didn't go accordingly and the pattern changed. It appears we are in a zigzag ABC formation and currently in the C wave heading towards the 49K. Bitcoin rejected the area between 618 and 78.6 fibonacci and we saw a trendline break - indicating bullish momentum. Trade Idea: - Watch lower timeframe corrections and enter - Safe stops below the recent lows but aggressive SL can be used below lower timeframe corrections - Targets: 46k, 49k Goodluck!