BTC 5-10 update ~
BTCUSDT Perpetual Contract BYBIT:BTCUSDT
good morning o/
nice little relief rally for da bulls
but i’m afraid that’s all this really is,
a wave 4 bounce.
could go as high as 34k before seeing another leg down to around 27.2k (where i will become a buyer).
—-
what i have projected on my chart,
is the highest probability path i could see for Bitcoin from here,
to complete the larger corrective phase.
PS. if it could push above 34k, then there could potentially be something else going on (view my post from yesterday for more context)
