BitcoinLong
Bitcoin: Looking forward to these next couple of months!
Updated
Morning Traders,
Locally, bitcoin seems to be in the process of completing wave 2 of 3 before the next leg up to 13.16k.
Bitcoin regained and sucessfully retested major weekly support above 10.2k.
I suspect fireworks if we can just get a HTF close above $11655 (monthly resistance) and print a HH above 12k.
Looking for B of a larger corrective cycle to complete at $15.5-16k.
My macro count:
Locally, bitcoin seems to be in the process of completing wave 2 of 3 before the next leg up to 13.16k.
Bitcoin regained and sucessfully retested major weekly support above 10.2k.
I suspect fireworks if we can just get a HTF close above $11655 (monthly resistance) and print a HH above 12k.
Looking for B of a larger corrective cycle to complete at $15.5-16k.
My macro count:
Note
Bitcoin update:Wave 2 correction still being printed imo. Following this count until it becomes invalidated. What better skulduggery than to complete this as a running flat before that 3-day RSI hidden bullish divergence plays out for some fireworks.
Note
Yep must be Trump and Bitmex lolNote
Not much has changed. Monthly reclaimed for now.Note
Some will say it was the PayPal news Note
Reaction at monthly resistance. Choppy, corrective sideways action now for a few weeks while bitcoin consolidates and alts play catch up. After that 14.6k followed by $15.5 - 16kTrade closed: target reached
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