BITCOIN: CANDLES SPEAK: 19.04.2021

After today’s closure, I am almost sure that the top was made on April 14.

Forecast
Between the purple and the green paths that I indicated yesterday (chart below), BTC seems to be leaning towards the green with a great precision. I view that the coin would bounce for a day or two between 58000 and 51500.
Once it completes wave c of B (projected in green rectangle), expect wave C with the preliminary targets 48000-43000.

Quite possibly, this would be just the first wave (A) of a much bigger and longer corrective action. The next weekly candle would be very important for this part of forecast.

Yesterday’s Candles Speak:

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