Cautious on Bitcoin: Expecting a Sharp Pullback Before Long 🔻


🔰 Current Stance: Cautious on long positions in $BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation.


🔰 Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction.


🔰 Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage.


🔰 Next Steps: Will provide further updates after additional confirmations are observed.


Note: This is NFA. Always DYOR before making any trades.


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#BTC Price Analysis#

#Spain

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December 13, 2024 at 9:49 AM
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