Bitcoin started the next impulsive move up last Monday (wave 3) and dropped corrective after that (wave 4). I was right again on my analysis of last week.
Now we could see the start of the next impulsive move up or another move down to finish a bigger complex pullback.
So let's see what the market does and react.
Trade idea: Trade longs after a close above the recent lower high.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.