Bitcoin
Long
Updated

BTC - long 11000-12000

400
Good luck
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buy if breaking 1-b trendline,
buy in green zone, it is very likely C-wave wont retrace all of wave-A since b-wave is higher than A, this is generally a bullish sign.
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Wave-3 will most likely end at 10000$ but i can see this go all the way up to 12000$ in wave 5, but gotta wait and see how wave 4 unfolds first, cheers
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we got a new buy signal for btc, Now since wave-1 was extended, it would make sense that wave-3 is the subdivided one, which means that we may have completed wave-1 of wave-3 and are inside wave-2 of wave-3

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if we touch the (2) trendline, then we probably wont go above blue zone,
if we dont touch it, and bypasses blue zone, we will probably go much higher, if not then that could signal end of wave-5 of the entire move, and we start dropping

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This was end of wave-3, getting an quick C-wave now before a weak 5-wave and then retracement down to (2) area

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if we reach blue box in this correction, we probably formed an 5th extension terminal impulse and heading to 12000$
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wem are at red line right now, if we dont manage to break it then BTC might not go any higher for atleast a few more days, so be careful
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careful
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