Bitcoin has been moving sideways for half a year creating a complex correction WXY( 3-3-3). Complex correction is made up of 3 waves were each wave is also made up of 3 waves ( in the form of ABC's ).
Wave W = Wave X = Wave Y = 3 waves
We are now in the last leg of wave Y. Expecting price to break the lows again and move upwards from our buy zone.
Looking for a strong bullish pressure at our buy zone. Will update the idea once we are there. But for now you can focus on selling targeting 49k level.
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