Bitcoin has bounced off the 79% Fibonacci retracement after declining as a double zigzag (XYZ). This push up should mark the beginning of minuette wave 3. Final conformation will occur when we can count 5 waves up.
Bitcoin is currently above the Ichimoku Cloud on both the 5m and 15m charts, but faces resistance with the cloud on the 1h chart.
Bitcoin is currently above the Ichimoku Cloud on both the 5m and 15m charts, but faces resistance with the cloud on the 1h chart.
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