i think bitcoin could be resting for a period of time as it goes in wave 4. in weekly chart pattern we obviously see a strong engulfing shooting star which indicates a countertrend for while. while we are having a simple abcd wave 2 therefor we can expect a complex wave 4 in which there must be a lot of fake news about the currency.
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strong Engulfing tweezers top is correct. shooting star is formed in Daily time frame. sorry for the mistake
Trade closed: target reached
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i think we might have another touch on 30k for BTCUSD and if this Crypto couldn't hold that number we could see 25k as our final target.
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