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  • Writer's pictureHenry

Bitcoin Price Chart Analysis for 15th December 2023

Bitcoin is moving slow and steady and eating premiums of options traders, however Wave ABC of 4th wave down is like this and we are in Wave B which can go till 44K levels just around the start of Wave A.

We are looking at ABC pattern unfolding and this good lead us to 44K. I think anywhere below 44700 is good for now, and then we may go below 40K. This counts are valid till we do not cross 44700 levels.

Not looking at anything further, this is time to wait and take small trades rather than the risky ones.

Bitcoin price candles moving like a fish

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