TrendLINEBoys

Market Update 1/15/2023

BITFINEX:BTCUSD   Bitcoin
More or less things are still in limbo. There is a possibility that there would be a huge upswing if the vix can start this week under 17.83.

We will see if that happens.

At the end of the day the rise from Jan 1st was pretty easy to see and we are in the "take profit" zone. This never inherently means done be in or sell everything, but is better thought of (from a bullish possibility) as a wave 2 or wave 4 in Elliot wave terms.


I go over more specifics in the video. I am too lazy to put timestamps for this one, but I think its worth the watch or listening to at least. Not too much new if you have been watching the previous updates.

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