4XXXX

BTC: Price Flip bullish

Long
4XXXX Updated   
BITFINEX:BTCUSD   Bitcoin
Depending on candle formation, the anticipated continuation of BTC will happen in 3x4Hour candles (before/after) ... probably taking it to new ATH. How high that is I do not know until I see the volume strength, ... the next Fib level would be reasonable as would the lenght of the 'mast', but cryptos defy physics, so possibly higher to the x2 Fib level, my giddy god. BUT, a real Bearish correction is certainly due - which will come soon enough. BIG money is buying into BTC, humble pennies are trying to push it down ... watch the orders. We shall see. PS: My main charts are MT4 , so not all the complelling evidence is displayed here.
Comment:
Light blue lines are FRESH supply. Dark blue has been used before. Purple is structure.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.