I think we are near the end of bitcoin mania. Target 6200 reached (1.61% retracement of wave A of extended flat). It is important level and I thinks we don't go higher without a major correction.
Price will probably test 6200 again a couple of times. Maybe wave 5 would be ending diagonal or extended flats in wave a. So we will see several tops around 6200.
If you want to buy bitcoins it is better to wait for correction at least to level 5000, 4600 and 4200. The worse scenario is 3700, 3000 and 2200.
Price will probably test 6200 again a couple of times. Maybe wave 5 would be ending diagonal or extended flats in wave a. So we will see several tops around 6200.
If you want to buy bitcoins it is better to wait for correction at least to level 5000, 4600 and 4200. The worse scenario is 3700, 3000 and 2200.
Comment:
Probably wave 5 of C is ending diagonal.
