BITCOIN - Shakeout Bounce

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Bitcoin is moving on up after a fast whipsawing shakeout bounce.

This is a typical liquidity snatch of the market makers and now that it has happened, there is more strength in the area.

Notice how it devastating it looks here!

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And it was bought back up in a hurry; right at the 0.618.

snapshot

As I'm writing this it correcting back down but this area should now be very strong for continuation upward.

Not advice.
Note
Might be completing a 3 wave correction here on low time frame.

Could be moving on up soon 👍.

snapshot
Note
Another wild and whipsawing wave down yet again bounces exactly at the 0.618 again.

Nice moment to buy up dips. I bought a bunch of altcoins and BTC miners.

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Trend Analysis

We're into the post FED interest rate cut blow off phase for risk on markets🥳.

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