Bitcoin have formed 5 waves up which signal that we have started a new direction in trend which is a bullish one. However I do expect a big correction to the downside to form a wave 2 before the big bullish wave continue. We are approaching a very strong supply/resistance area on the chart between $11,500-$13,500. Once the bearish correction start I can see it going all the way down to $5.800-$8,500 to complete a wave 2. After the completion of wave 2 I will look for Bitcoin to head higher to create new highs above $20,000
交易進行:
Price is starting to retrace into our targets
