Hi traders,
Last week Bitcoin finished a triangle correction down (wave 4 orange) and started another upmove and correction down for wave 5 (orange).
So next week we could see another upmove to finish wave 5 of the diagonal.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish (ideally into the Daily FVG), a change in orderflow to bullish again and after a small correction down on a lower timeframe you could trade longs.
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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. I do not provide signals.
Don't be emotional, just trade!
