Technical Analysis

Bitcoin Update: Higher Degree Correction Can Be Coming To An EndMar 20, 2024

Higher degree correction on Bitcoin can be coming to an end, as we see it finishing a projected A-B-C corrective pattern by Elliott wave theory.

Bitcoin with ticker BTCUSD came into projected support area within a three-wave (A)-(B)-(C) correction as expected and shared 5 days back as a free chart CLICK HERE.

Bitcoin Update: Higher Degree Correction Can Be Coming To An End BTCUSD 4H Chart From March 15
BTCUSD 4H Chart From March 15

After we spotted a completed wave (5) of 3, BTC made a nice higher degree (A)-(B)-(C) corrective setback within wave 4 into projected and important 60k-59k support zone, from where we may now see a bullish continuation for wave 5 of III soon.

Bitcoin Update: Higher Degree Correction Can Be Coming To An End BTCUSD 4H Chart From March 15
BTCUSD 4H Chart From March 15

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