#Bitcoin = Possible Motive Wave Down = 16.10.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading

Yesterday BTC formed a very strong and clear bearish Engulfing on the hourly chart. I can see that the structure of the current wave down is rather motive than corrective. If BTC drops to about $59200 in the next several hours in the same manner, that would be a concern. A possible path on the chart above.

Watching.

The link to the post about Engulfing – below.

Subscription:
https://investingangles.com/subscription/

One thought on “#Bitcoin = Possible Motive Wave Down = 16.10.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading

Comments are closed.

%d bloggers like this: