Decision point for Bitcoin
2025-02-08
Category: None

Hi traders,

Last week Bitcoin came into the Daily FVG and went up impulsive just like I've said in my outlook. After that it corrected down again.

So this the decision point. If Bitcoin wants to make a new ATH it could not go lower than (orange) wave 4 and it has to go up from here.

Let's see what the market does and react.

Trade idea: Wait for a change in orderflow to bullish and a small correction down on a lower time frame to trade longs.

Note: Next week there will be no analysis because I'm on holiday with my family. The week after that I will be back with my analysis.

If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
I do not provide trade signals.

Don't be emotional, just trade!

Eduwave