FX_Crypto_Trader

BTC Reloading

Long
BITSTAMP:BTCUSD   Bitcoin
Looking at bitcoin again today. i think we are reloading the gun for our next wave continuation for the bull. We had our initial 3 waves up. Got the drop from the halving release but weve consistently stayed above the 200 day average. I think we can count this lower high as wave 1, im looking for price to retrace and collect alot more support at the demand area and trend zone of around 8600. combined with the fib of .786 for a push up to make wave 2, which i hope to be the breakout for a new higher high. Lets wait and see, GLIYF

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.