Welcome to this update-analysis about Bitcoin . Since the origin-analysis Bitcoin continued with the wave-count within the triangle formation and almost completed it with the finalization of wave E. Now Bitcoin is building up in the structure and recently already moved above this descending-trend-line marked dashed, when Bitcoin now manages to continue to hold this zone and show up with further stabilization above this can lead to the final breakout and continuation above as marked in my chart, therefore it is highly necessary that Bitcoin does not fall below the orange supports as this will possibly invalidate the whole formation, it will be an important development ahead
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.