TheCryptoRocky

TheCryptoRocky

Falling wedge reclaimed, couple of s/r flips, 28k seems imminent to me. We might go up almost as quickly as we came down

TheCryptoRocky

I believe we're about to start the 4th wave in Bitcoin's history. As you can see every single wave had exactly 170 weeks, followed by accumulation period (white rectangles)- that's where I believe we are at now. If i'm correct a break of the downwards white diagonal resistance would be confirmation that would trigger the 4th wave. I believe that'll take a few...

TheCryptoRocky

BTC has a history of reversing after a double top/ bottom where it takes the liquidity of the previous low (or high in the bear case). Many traders set their stops there when they think the bottom/ top is in, then price action goes after those stops forming hidden divergences and price reverses.