Last week Bitcoin made the ABC correction down just like I've said in my outlook. But after that it went up very corrective.
So this correction down could become a complex WXY correction down. In that case we could see another ABC correction down now to finish the (grey) Y-wave into the Daily FVG.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish. This is not the time to trade Bitcoin.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide trade signals.