Higher lows , Higher highs on BTC as Alts take center stageBitcoin has adapted to the zone and is carving out a space that involved an ascending channel and a fibonacci game of tag. We can clearly see that we are in the fib zones on the short frame and as we need to be focused on a pullback, nothing is really giving us the indication that it is going to happen as we have buy orders waiting on the support/resistance areas as the are defined.
What this means? I see us in a period of indecision where horizontal action as well as minor movements ladder dancing fib lines until we complete the 4th arm of the elliot wave where investors agree on funding a push to the upside. This is a wait and see. I am not entering any position until clarification
