workin2005

Bitcoin Update

Long
COINBASE:BTCUSD   Bitcoin
Breaking down the big picture into the sub-waves, I believe we're on sub-wave 3 of a larger 3rd wave. Zooming out further, I believe we're on wave 5...but I digress. There's multiple resistance areas Bitcoin will need to break through. If volume remains high, it should have the momentum. If not, we could see a correction back to at least 10K. So far, it's looking very bullish. I've taken out a long position. I'll add more to that position if/when BTC breaks $11,350.

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