DigitalSurfTrading

Bitcoin Bulls Prepare To Retake Momentum

Long
BITFINEX:BTCUSD   Bitcoin
All bearish waves have been invalidated from my perspective. Bitcoin Bulls seem to have their targets set on $45K and then ultimately $47K to finish Wave 1 of the 5th Wave for Bitcoin's all-time, Wave 3 supercycle. With Wave 1 being a diagonal, Wave 2 should retrace nearly 80% of Wave 1 and send us back to $32K. Just when the fear re-emerges, Bulls will take off and leave doubters at the base station.

Houston, there's no problems here.

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