So far we hit my extensions I was talking about and targets almost perfectly, longs sold now, took profit and even got some shorts in at $11150.
We should start retracing but bitcoin still looks strong, based on Elliot waves we should be done now but it’s really hard to predict with bulls pushing so strong. Many of shorts went on long side now.
Truth is, many professional traders often don’t touch asset when it goes wild, they wait for it slowing down and than look for some patterns, indicators, signals.
I should walk away after longing and cashing out profits, but also I don’t want to pass short opportunity, which could be huge also.
Time will tell
I’ll do update in few days , what’s my next plan.
Good luck all