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Technical analysis by wasiliyivanov about Symbol BTC on 4/8/2025

https://sahmeto.com/message/3398563
wasiliyivanov
wasiliyivanov
Rank: 30390
1.3

Looks like it's only beginning

:Neutral
Price at Publish Time:
$79,503.05
،Technical،wasiliyivanov

We're all waiting for a bullish trend. But what if it's only the start of a bearish one?Look at Elliot's waves on a monthly timeframe. We got a 5-wave movement up, and we have to wait for A-B-C downtrend.I can't say precisely where the next market bottom will be, but it may be located between 67k and 50k.What do you think about this?

Source Message: TradingView
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