![BTC more market turmoil in the make [short]](https://thebitcoinstreetjournal.com/storage/2022/04/3854642-v2Yv_mid.png "BTC more market turmoil in the make [short]"){kind=small}
BTC more market turmoil in the make [short]
BTC/USD COINBASE:BTCUSD
![BTC more market turmoil in the make [short]](https://thebitcoinstreetjournal.com/storage/2022/05/qzZocbrX_mid.png "BTC more market turmoil in the make [short]")
We expect more market turmoil?
First a bit sunny weather coming days… However.. We keep our bias pretty bearisch,
BTC needs to reclaim at least 34K to get some bullish outlooks for the longer term.
Still we can see in elliot wave perspective, that the premium cycle is not over yet. Therefore I strongly believe we are going to trade below 30’s very soon!
So This weekend and early next week, retail fomo buyers will absorb the liquidity, and push price in the B wave higher.. However, we strongly believe that the rally will fail.. and price will go back south!
Retest ATH? What do you think? Comment below 🙂
