Hi!
So here is a continuation on my last update that I accidentally made private.
Bitcoin is right now at the most critical point and needs to make a decision to start next impulse wave up the Wyckoff pattern, or if bears still have enough volume this will start a 5 wave down.
On the daily chart everything looks to go according to the pattern, MACD is still pointing down, but a with few days uptrend will make it bounce of the trend line and lining up with zero point support at the same time. RSI is already making a turn to the upside from its trend line.
Next week will show us where we are going.
All the best! -B
So here is a continuation on my last update that I accidentally made private.
Bitcoin is right now at the most critical point and needs to make a decision to start next impulse wave up the Wyckoff pattern, or if bears still have enough volume this will start a 5 wave down.
On the daily chart everything looks to go according to the pattern, MACD is still pointing down, but a with few days uptrend will make it bounce of the trend line and lining up with zero point support at the same time. RSI is already making a turn to the upside from its trend line.
Next week will show us where we are going.
All the best! -B
Comment:
Comment:
AND where everything started, I still think we haven't seen the 5th wave up.
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