BTC has shown sign of continuing on its bullish pattern. After forming a higher low on the 4 hr chart we saw a rise in price today, suggesting a new set of five wave pattern towards the upside. Here I am drawing out my proposed route to the 7k TOP.
Trade closed: target reached:
We have completed our 5 waves up. As I see we had a brief ABC like the previous correction and we are trying to start a new upwards wave pattern. But on the weekly we find ourselves under a thick ichimoku cloud. So a downside move seems imminent