BitcoinShort
BTCUSD Forecast Potential for the Year Ahead
According to the Elliot Wave count, bear markets typically take on the structure of a double zig-zag at the very least. In this case, my analysis suggests a target of 2,700 which seems surprisingly low. However, based on Fibonacci ratios and this Elliot Wave count, there is a strong possibility that this target may indeed be reached. It's definitely worth keeping an eye on
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.