Bitcoin's Next Move: "Spoiler Alert..."
Updated
Short-term make or break down zone. If the WAVE-3 top is in, we're going down towards the median line and a 38.2-50% retracement. Approx $3,400 zone. If, as I suspect, we've got an unfinished wave-5 of WAVE-3 we've got one more push up towards $5,500. The next 24hrs likely to tell the tale. Note the mixed signals of divergence.
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Still too soon to make a call on this. So far, all we've done is make the first retracement of 50% within this last wave. Bulls ball above $4,125Ultra aggressive can buy into the FUD with a stop below the 61.8. I'm adding small positions here with stops. Always with stops...
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Preferred Count as I see it now... Trade active
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