I think BTC price is still in correction phase. We can see $5500 as 0.382 fibonacci level and retest of BLX Weekly 200 EMA. probably right after halving, we will drop these levels and will start long bull run.
Note
faster than expected. For now, it is time to complete wave D within triangle that means possibly will reach 10500-11000 and then i hope we will visit EMA200 weekly after halving.
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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.