Bitcoin - could the advance be finished?
Bitcoin - could the advance be finished?
Bitcoin all time history index INDEX:BTCUSD
JCore7
Let me just pre-empt the possibility of that not being the 3 high, but in fact the end of the advance. These Elliott channels show the way, so it doesn't look like it's finished until the yellow channel is taken out.
Often, that could be with a break below before retesting it and being rejected by the lower parallel similar to the arrows. All of these lines shown are good candidates for support/resistance, and show where the trend is intact/complete.
Although deeper sell offs in Bitcoin are generally better seen as investment opportunities than a time to panic sell.
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