I've readjusted the wave and moved out the fib levels to the right.
So far it's looking good, the rocket's got enough fuel to get us to at least 12 or 12,1k. There are of course two levels of major resistance before getting there. The 11,2 and the 11,8k onwards as we approach the round number of 12k! Round numbers are incredibly important in crypto. Retail investors seem to respect them to the T!
The is starting to get closer and closer to the 70 level. As it gets there our rocket will start to slow down, and eventually correct for the 3 - 4 corrective wave before going back up. The is looking for positive separation.
Targets remain the same. Short term we should get to around 13k BTC and then we will reassess any possible patterns or formations at that later stage.
BTC is having a hard time climbing! False breakout? Real breakout? Let's watch and see!
Finally some market sentiment! PEOPLE ARE TIRED OF A BEAR MARKET! THEY ARE TIRED OF BEING DOWN! Will we go on to an extended bear market? NO! Watch these addresses, rich list.
They are buying. Governments all good news so far! Arizona pay taxes in crypto, GEORGIA is next!
Also watch how one of my previous charts plays out. IT IS A LONG TERM PLAY! Where are we going? UP! BULL RUN? Hmm maybe up and slightly sideways I would say, but then after than summer time maybe even spring! UP UP UP!
This is of course not financial advice please do your own research.
Wish you the best of luck!