Looks like a chance of repeating the tipical M that BTC loves so much trade with care as of now there are many doubts and could swing either way.. set stop loss in case of a dramatic climb up or heavy divergence from the fractal
Look for btc wave movement during this periods when we reach a new high expect the patter to flip and so forth.. for microwaves patters flip as well
Long tern wave trend analysis suggests we are still going up expect btc to loosly follow.
keep an eye on BITFINEX:BTCUSD for a short oportunity exit short at shown fib levels for next bounce and posible short reentry if wave goes to abcde correction.
Btc short term posible gains look for long term shorts.. currently trading on this downwards channel if we break that expect a more aggressive upwards trajectory (GREEN). if it follows the channel expect the (RED) ABCDE