Bear Scenario Reasons
📥 The Reasons Made Me Bearish About Bitcoin Are Two Patterns , Elliot And This Clear Symmetrical Triangle ,Let’s Discuss About Them
👉 Elliot : We Are In Wave 4 ,It’s a Corrective Wave And Currently It Formed As a ABCDE In BITCOIN Chart ,Wave E Is About To Complete So Wave 5 On The Table With 23k As a Main Target
👉 Symmetrical Triangle : I Can’t Ignore This Clear Symmetrical Triangle Formed At The BTC Chart ,It’s a Continuation Pattern And Make Me More Convince About Bear Scenario
📡 43500$ (By High Probability) And 45500$ Are Two PRZ For Wave E ,So Rejection Will Happen From One Of These Areas ,Invalidation For This Analysis Is Closing 4H Candle Above 47k

