BTC is about to start the next and strongest impulse ever imo. Target is the upper trendline shown on the chart. @dRends35 @NewYork888 do not miss the train this time.
This is a mid and long term plan. BTC will test the resistance trendline coming from 2017 and 2020 ATH. Then we may have a short-mid term bear phase. If FED and ECB monetary policy do not change dramatically we will also break that trend line and make it the new trendline for a very long term for years, bear markets will be on this new trendline so no more 20k...
Time to retest 53k-58k area imo. It will start the real ATH rally from there. 47k stop loss. Good luck. This is for a pullback long swing setup. Shorting BTC here is very risky.
You must be really insane to see this a bearish chart. good luck shorting this.
All the main resistances are broken with momentum. All the main supports are tested. Macro Elliott Wave 5 is being written now until 110k USD. BTC will ROCK. @dRends35 @BitFink