Bitcoin nailed the 0.5 retrace (from bottom to top) and is currently testing it's 0.618 and previous downwards channel resistance (previous support).
This bounce from 8200$ has been very very technical. Congratulations on this obvious Long position.
Wave 2 should be completed now (as long 8200$ is our bottom).
Wave 3 will head towards 13000$. That might take another month to play out.
Don't be fearful it's all part of a healthy correction.
This bounce from 8200$ has been very very technical. Congratulations on this obvious Long position.
Wave 2 should be completed now (as long 8200$ is our bottom).
Wave 3 will head towards 13000$. That might take another month to play out.
Don't be fearful it's all part of a healthy correction.