My previous analyst on BTC price https://indiedev.medium.com/bitcoin-is-in-a-bull-trend-or-a-bull-trap-dc8dcd4b8fe2
In the previous analyst, I mentioned the 52k$ should be a key level to define the trend. It broke that support key. And back to test around 42k$.
When it dropped down below 52k$, the wave form became different — switched from a bull trend (Fifth wave — IM 12345) to a down trend (C wave form — ABC).
Currently I will buy btc around 46k$ and exit all at 56k$. Then I will monitor to see what ‘s next.
In the worst situation, after hitting 56k$, it will drop to 29k$ — 18k$ — 10k$.
Noted: This is just my opinion — not an investment advice.
