Bitcoin (BTCUSD): The Party's Not Over Yet
In my previous post I expected the price to make a new all-time high soon as there was a clear 5-wave impulse developing with 4th wave being a Triangle. Unfortunately, the Triangle was never formed, but instead it transformed into a Flat correction (A-B-C) with Triangle in wave B. This formation is very similiar to the previous higher degree correction. Just look at this chart, it's almost a fractal (except for the last leg -- three waves Y vs five waves C): 
So, the safest wave to trade this would be to open longs on brake of this Pitchfork (currently $2720) with target above all-time highs. A brake below $2400 will negate this scenario.
So, the safest wave to trade this would be to open longs on brake of this Pitchfork (currently $2720) with target above all-time highs. A brake below $2400 will negate this scenario.
Note
The party is in full swing, and the fractal is working: 
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Агент-аналитик: t.me/NixAgent
Сервис: NixService.net
Telegram: t.me/NixTrading
Сервис: NixService.net
Telegram: t.me/NixTrading
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.