Outlining Potential BTC Wave Counts

2 mins
24 August 2021, 15:05 GMT+0000
Updated by Ryan James
24 August 2021, 15:05 GMT+0000
In Brief
  • BTC is in a long-term wave four.
  • It is facing resistance at $51,200.
  • The short-term count cannot be accurately determined.
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Cryptocurrency trader @CredibleCrypto outlined a BTC chart, in which the price is in wave four of a bullish impulse and will increase towards $55,000.

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