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Bitcoin: Looking forward to these next couple of months!

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Morning Traders,

Locally, bitcoin seems to be in the process of completing wave 2 of 3 before the next leg up to 13.16k.

Bitcoin regained and sucessfully retested major weekly support above 10.2k.

I suspect fireworks if we can just get a HTF close above $11655 (monthly resistance) and print a HH above 12k.

Looking for B of a larger corrective cycle to complete at $15.5-16k.

My macro count:

Bitcoin revised running flat count
ملاحظة
Bitcoin update:

Wave 2 correction still being printed imo. Following this count until it becomes invalidated. What better skulduggery than to complete this as a running flat before that 3-day RSI hidden bullish divergence plays out for some fireworks.

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Yep must be Trump and Bitmex lol

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Not much has changed. Monthly reclaimed for now.

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Some will say it was the PayPal news

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Reaction at monthly resistance. Choppy, corrective sideways action now for a few weeks while bitcoin consolidates and alts play catch up. After that 14.6k followed by $15.5 - 16k

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أغلقت الصفقة: تم الوصول للهدف
Bitcoin (Cryptocurrency)BitstampBTCUSDBTCUSDTChart PatternsEnding DiagonalFibonacci ExtensionlocallyTrend Analysiswave2Wave Analysis

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