BeckyDD

Becky on BTC - The Elliott Wave ISH Crypto Style

BITFINEX:BTCUSD   Bitcoin
Hey lovers, welcome to yet another daily BTC update.

Today we're gonna look at the bigger picture; the long term and when I'm looking at re-entering the market with force. Bitcoin has been retracing since the peak at 20k. For nearly a year now we've been waiting for Bitcoin to RETRACE before we re-enter the market. But what does retracing mean? It means that the big boys who got in before BTC started ascending to 20k are getting their money out until they've taking enough out so they can reinvest it in the market and start a new uptrend movement.

TL:DR we aren't done with the retracement process and personally I think we will visit the 4.3k level (probably even lower) before BTC and crypto as a whole goes back to being a dominant Bullish market.

I wouldn't go into the market just yet if I were you guys. The odds are simply not in your favor.


Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. I like helping people, it makes me feel good. What can I say? I LOVE feeling good ;) . Let's share the journey together! Follow me on Tradingview/Telegram <3
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