BTC Reversal Timeline

Jan 23, 2022

We are on the daily timeframe and the chart shows an almost symmetrical wave pattern in the Macro view. Following on from previous waves, the expectation is BTC continues to correct to the 30K region with a reversal expected around the middle of February for the next impulse wave. Resistance lines need to be broken and volume, RSI and other momentum indicators for bullish confirmation. DCA around the 30K region and as momentum increases. Target 54K (0.618 Fib) and beyond. Good luck!! Not financial advice but the simple thoughts of a broke retail trader :). DYOR, analysis and manage your risk.