NoAverageJoe

BTC long - Bottom at 5.8K?

BITFINEX:BTCUSD   Bitcoin
First BTC chart published, i usually keep them private as i am still learning.

I think we will see bottom at 5.8K which would be a 100% retrace. Then a sideways climb to 20K forming a cup, followed by at least a 50% retrace again to form the handle before pushing past 20K for good. But i think we are nearing the end of this corrective cycle.

Any feedback would be appreciated.
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