BTC proposed road to 7K
Updated
BTC has shown sign of continuing on its bullish pattern. After forming a higher low on the 4 hr chart we saw a rise in price today, suggesting a new set of five wave pattern towards the upside. Here I am drawing out my proposed route to the 7k TOP.
Trade closed: target reached
We have completed our 5 waves up. As I see we had a brief ABC like the previous correction and we are trying to start a new upwards wave pattern. But on the weekly we find ourselves under a thick ichimoku cloud. So a downside move seems imminent
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