hey guys welcome to an another update on XBTUSD and it looks damn bullish in higher time frames like weekly, daily and 4h charts, so definitely this could be huge mistake to miss this opportunity or you could got rekt if you short from here.
as you can see in charts wave 4 is completed at 7400 level and now we're in wave 5 which could boost the prices for the last time, bitcoin could finally hit the 10000s level after almost 13 months, but we have to be very cautious from this levels as we're in wave 5 so we definitely need tight stop losses and a low risk strategy, so if you're going long from here i won't recommend leverage more than 5x, coz bitcoin's prices may see heavy fluctuations and your positions could easily liquidate within a fraction of seconds.
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