BITCOIN short scenario 9th of March 2021

Hi guys, this is more of an update to my previous scenario with some focus on the bearish outcome.

I can see on the macro scale an ABC Elliot waves correction in the making. This is supported by the overbought RSI and the decreasing volume. Against it we can consider the fundamentals and maybe the USA approved aid

Also check my previous chart in the related ideas area.

Just scenario, not financial advice

Kommentera:

BTC got rejected at the 57.000$ levels, as projected. I do think we need one more day for the ABC to be confirmed.

Patience is the best trade !