positive_energy

BTC wave analysis

BITMEX:XBTUSD.P   Bitcoin
XBT USD pair is currently in wave B of the ABC correction of minor degree and wave 2, of higher, intermediate degree.
Short term bullish target is around $12,200 - $12,800.
Correction wave C should bring the price to the area of $8500 or a bit lower and should conclude towards the end of September. Will be looking for long bids in this area.

Good luck!
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