Bitcoin technical analysis. BTC-USD on December 22, 2018

December 22, 2018

There is a high probability that we are observing correctional waves of the ABC pattern. If the price action forms the ABC pattern, then the next point C will be near $ 3800. As part of the correction of this pattern, we have a good structure 12345. Therefore, we must go back to the area of about 3700-3800, then we can expect a rebound to the level of about 4700.

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