My previous speculation has just got proved. Wow! I even doubt myself.
Now as Bitcoin breaks all resistance areas, I have confidence to believe at lease a small bull trend is now on.
This update is my comprehensive wave analysis from history peak to now.
I see the bear was already over as ABC downside waves ended on 14th of December.
And now is the first wave of a new bull wave cycle as the wave I.
I don't know if there are extended small-time-frame waves in wave I, so my first target is the area around 5400 and them my next target is 6000 is there are.
Happy trading all, hope everyone can be millionaire lol.
Now as Bitcoin breaks all resistance areas, I have confidence to believe at lease a small bull trend is now on.
This update is my comprehensive wave analysis from history peak to now.
I see the bear was already over as ABC downside waves ended on 14th of December.
And now is the first wave of a new bull wave cycle as the wave I.
I don't know if there are extended small-time-frame waves in wave I, so my first target is the area around 5400 and them my next target is 6000 is there are.
Happy trading all, hope everyone can be millionaire lol.