Will BITCOIN repect this Ascending Channel? 12345 Waves up
Bitcoin has been in a consolidation phase since the end of March.
This COMPLEX correction very look like a WAVE 4 of larger 5 waves cycle to me.
In the mean time, traditional markets such as the SP500 and NASDAQ are at All Time Highs.
Tomorrow is NFP day and this could be the last day of this comnsolidation for BITCOIN before looking for another expansion up to new highs.
We are looking for a CATALYST to end that figure and NFP could be it!
There is clearly a nice CLUSTER between 54k and 55k for BTC!
Indeed we have:
1/ the ascending channel support
2/2 Daily Imbalances and
3/ Fib extensions and correction CLUSTER
This COMPLEX correction very look like a WAVE 4 of larger 5 waves cycle to me.
In the mean time, traditional markets such as the SP500 and NASDAQ are at All Time Highs.
Tomorrow is NFP day and this could be the last day of this comnsolidation for BITCOIN before looking for another expansion up to new highs.
We are looking for a CATALYST to end that figure and NFP could be it!
There is clearly a nice CLUSTER between 54k and 55k for BTC!
Indeed we have:
1/ the ascending channel support
2/2 Daily Imbalances and
3/ Fib extensions and correction CLUSTER
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