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Martijn Buiter BTC in ABC correction

Started by forex4you, Feb 17, 2022, 02:08 pm

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Martijn Buiter BTC in ABC correction



Martijn Buiter BTC in ABC correction




Bitcoin / U.S. dollar BITSTAMP:BTCUSD





If 69K was the top and BTC entered its bear market, than we’d probably be in an ABC correction right now. After a 5 wave down in 3 months bearish mode. Thus the ABC is a corection to the upside and we’ll have to see if another 5 wave down repeats after that or we resume a new bullish 5 waves up…. 


Source: Martijn Buiter BTC in ABC correction
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