Looking to a 30min chart, we can see that the bull run is confirmed. We are starting the 3rd wave of the larger degree. Let's look to a smaller degree, we are finishing the V wave of the smaller degree to complete the 1st wave of the larger degree. One more push to the 7600 will make me even more confident. Pushing to challenge the ii wave pivot, of the down trend ( in green ), would bring more confidence to the bulls and less to the bears Market Cap is growing steady, although we need way more volume to take us to the moon. After that, we expect an ABC correction. A good entry would be between the 50% to 61.8% fib Retr of the entire move, to start a long position. BTC is still finding some resistance breaking above 75 RSI.
I'm just sharing my analysis. This is not an advise for buying or selling.
To the moon !
Peace!
I'm just sharing my analysis. This is not an advise for buying or selling.
To the moon !
Peace!
