BTCUSD is finding short-term resistance at the .618 / .764 extension of wave ((1)).
Wave (i) of ((1)) can complete here and we can see a correction towards the .618 retracement, around $3.877.
In any case, I am bullish long-term on BTCUSD and have a target around 6.800 for this upmove, at which point we can see a larger correction.
Best of luck to your trading! :)
Wave (i) of ((1)) can complete here and we can see a correction towards the .618 retracement, around $3.877.
In any case, I am bullish long-term on BTCUSD and have a target around 6.800 for this upmove, at which point we can see a larger correction.
Best of luck to your trading! :)
Comment:
Seems like we are taking the more direct route to 6.800 USD.