Outlining Wave Counts for Bitcoin’s Correction

Share Article
In Brief
  • The bitcoin price has been decreasing since Aug. 17.

  • The invalidation of the bullish wave count is at $11,117.

  • The invalidation of the bearish wave count is at $11,825.

  • promo

    Gravity Dex Protocol: Bringing DeFi to Cosmos

The Trust Project is an international consortium of news organizations building standards of transparency.
The Bitcoin (BTC) price has either completed a correction or is nearing its end. A price increase above $11,825 would indicate that the correction is done, while a decrease below $11,117 would indicate that the price is still correcting. The Trend Is Downward The Bitcoin price has been decreasing since a high of $12,478 reached on Aug. 17. The decrease is likely to be a C wave, after
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Sponsored
Share Article

Related topics

Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

Follow Author

Crypto predictions with the Best Telegram Signal with +70% accuracy!

Join now

Market signals, studies and analysis! Join our Telegram Today!

Go

Market signals, studies and analysis! Join our Telegram Today!

Go