$BTC It rises, reaching the previously indicated targets; we can observe how it respects the break of the resistance at 66k, to validate wave 4. However, the divergences in MFI and CVD remain negative, which suggests moving upwards cautiously and taking profits. This is also part of wave 5, which is currently in development.
$BTC trending down as suggested since last week with the wave count. If it holds the area of 67k and 66k, we can conclude that the wave "c" of 4 has finished. However, it continues to fall, the last control area is at 64k.
#BTC☀️ presents a pullback at 69.4 k, where buyers stop the decline. Let's see if it respects this area where it was previously a resistance and is now acting as support. The CVD shows a slight pullback, and the wave count suggests a drop to 68.8 k, unless this small adjustment has already concluded. $BTC
$BTC rebounds after lateralizing last week. It seems that the target is aimed at 75k. But be careful, the MFI and the VD seem to indicate a negative divergence.
The rise of this last structure seems weak, preparing for the end of a micro structure to readjust.
Bitcoin rebounds after lateralizing last week. It seems that the target is aimed at 75k. But be careful, the MFI and the VD seem to indicate a negative divergence. The rise of this last structure appears weak, preparing for the end of a micro structure to readjust.