Its almost clear to everyone that bit coin is on a negative wave cycle lately. The magnitude of the wave is pretty big 4D to be exact..
The next downward wave cycle which is happening now will make BTC to touch almost exactly 7000 which is a also a big round number with good psychological implication.
However there will be shorter time wave reversal signs in play... so there are plenty of long opportunity here as well...
Send me comments or PM in if you need my outlook on a smaller time frame as it is going to be so hard to explain in a single post without confusing people
where is a good place to scalp from over the next couple days?
PerpetualLearner
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@ThankUKind, this is a very broad question which I can not answer...its very hard to predict scalping target on a longer time frame... in bitcoin its blood bath if you miss on timing
ThankUKind
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@PerpetualLearner, yes missed the 7650 bounce, so I should watch the 72oo area probably for next possible scalp opportunity ?
PerpetualLearner
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@ThankUKind, scalp opportunity is available all the time... you do not need to wait for 7200 for scalping
wait for 7950 broken and if that hold good afer the price is retested them open a long scalp
it will have a solid bounce from there