AmazinRaisin

A Bullish Thought

COINBASE:BTCUSD   比特幣
Could this still be wave 4 and BTC is in the sub wave C part? The first sign I'm skeptical of it going down a lot is the golden cross just happened on the 4 hr time frame. This means the 50 EMA crosses above the 200 EMA. Also, Look at wave 2. It looks very similar to whats going on right now. I did a FIB extension and it went up to .5 on the B wave then dropped. This is the same thing that happened in wave 4. I did a FIB retracement and with wave 2 bottomed at the .382. If this road map is correct then the bottom of the C wave would be around 10297 which is also in conjunction with the 50 and 200 EMA. These will act as support too. Best of luck trading!
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