Bitcoin Overshoot - Last Bullish Swing - 5th Wave for BITSTAMP:BTCUSD by EW4X

Bitcoin Overshoot - Last Bullish Swing - 5th Wave

#trading was good to me.
I was able to predict and ride the #Bullish #Cycle like a pro.

Trade Recap

From the 17K I was actively looking for buys.
Also entered #Long from the mark, on the #Break-out.

At the Wave 4 Completion and 5th Wave Break-Out, I went Long again on BTC.

At 100K Milestone I cashed it all in, I was a bit weary...
All well documented in the previous #Bitcoin Idea.

What's Next For BITCOIN?

I am entering the Last Long, to ride the 5th of 5th Wave.
After this #Bull #Swing I am expecting a considerable #Correction.

After the push, some wild moves will occur, and that's because of the (BTC Dominance).

Correction in Wave 2 will pave the way for Altcoins (#Altcoins), thus the Altseason (#AltSeason) to start.
Yes, shall fall, while the () would most likely grow in #TotalMarketCap.
* You can see the related ideas for more clearance.

BTCUSD / BTCUSDT - #TechnicalAnalysis

- Elliott Wave: #Impulse Confirmed (5th Wave)
- Mar '20 - Apr '21 #Fractal (orange)
- #ATH Break-Out & #Support

My Levels For Longs

- Entry @ 100K
- SL @ 85K
- TP @ 145K

* After this move, I will take a break and look for #Short set-ups.
This is because of the #Bearish #Fractal (red).

Trade active

Bitcoin Weekly Chart:

Bitcoin Daily Chart:

Bitcoin 4H Chart:

Note

preparing to spike above 120K.

4H Chart is #Bullish: 5th Wave #Impulse.

- Wave 2 Correction: 61.8% Fibonacci Retracement (Golden Ratio)
- #BullFlag
- #Harmonic Pattern: #Cypher

Note

up-side still valid.
The recent #Bearish Swing could be considered as the completion of Minute 2 of Minor 5.

Note

Note to Self:
"5 waves UP.
BUY again you Crypto Degen!"

EW4X

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