Bitcoin is in a WXYXZ correction right now. Currently bitcoin is still in the Z wave correction. The A has completed. Now its forming the B wave up. Once the B wave tops off there needs to be one last push down to complete the C wave to complete the WXYXZ. Once the correction is done I think bitcoin should go higher than 14k. The green line where the Z wave completes is where the 200 weekly SMA will be. If it does hit the 200 weekly SMA it will be a great buy.
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