If it is on the 3rd wave 52-58 support needs to hold if support keeps holding and BTC comes back around 60-62k this looks ready for a new leg to up.(shown in blue )
But if BTC keep poping there is the possibility that move 38 to 80 can stay as and ABC and we can go back to the 30-40 dollars region to have wider correction ( shown in yellow )
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.