cryptopicasso

Gearing up to blow through the 300's

Long
BITFINEX:BTCUSD   Bitcoin
6
Another huge crossroads for BTC - although there is alot of selling - every huge market dump gets absorbed and rises up - we already saw a huge stop loss pop after 270 held and now are still holding rising support and within range to follow ellott theory - this has come a long way from bottom but is precisely following the rules of elliotts and market psychology. i think this next move will leave alot of sellers rekt
I have mapped our current progress and where we could be heading if we stay on course

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