Today $BTC made the second green candle in a row. This is quite a change after the previous week. Would it be enough to start a rally or it is just a pause before falling deeper? Let’s evaluate the candles, TA and EW. Perhaps we could find an answer there.
This daily overview contains:
– daily and weekly candle charts – analysis of candles and technical events;
– weekly EW chart and a long term forecast;
– detailed updated hourly EW chart with the short/mid term targets.
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REFERENCES:
Previous Analysis:
https://investingangles.com/2021/12/05/btc-weekly-analysis-long-term-forecast-05-12-2021-btc-bitcoin-crypto-cryptocurrency-investing-trading/
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