BTC getting some accumulation to run up. I expected it to create some dip first in about 3 hours from now and reach point 4 on the Elliote waves pattern and them climb the 5 wave with target on 17k. Get ready, you can't FOMO this !
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I am Expecting a dip before BTC can go UP. I should be at point 4 at this time but it is just starting now to create a dip which means the run might be delayed...
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Our dip has come and we are set to roll with updated target of 16076 and 16630:
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15H ETA:
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BTC way weaker than expected so it looks like it is going for another dip on than complete the 5th wave:
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First target reached: 16076
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It is looking for a dip before resume uptrend, we expect some minor correction and updated target of
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Target of 16739 ! I might correct this after the dip !
Trade closed manually
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Partially closing at 16387 for further analysis
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This is the current situation right now with a previous high that should break out:
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This is our new target based on a new a idea:
Target: 17447
Trade active
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I published another idea in the 3H timeframe to follow up from this one:
so we are now in wave 3 going into wave 4, which is around 14000?
Miru84
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Is your second target around 17100 short term? What is your view on BTC for the next weeks? I am trying to understand if BTC is going to correct down to 11 000 USD one more time or if it is now heading for new ATH!
bitcoin
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@Miru84, Long predictions are very very hard, if log scale works this is not going good for BTC:
fadihanafieh1
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Good jop,If reach 16400 will run up ?! Buy now is risky ?!
bitcoin
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@FadiHanafieh, There is a good chance to go for the second target !