Currently bitcoin is stewing while cooling down, getting ready for what may be the 5th and final impulse wave, resulting in what possibly could result in a corrective wave that could drop us out of the channel and result pushing us potentially into the low 50s or high 40s
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trend broken reversal imminent
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watch for retest of trendline and a higher high and higher low to confirm getting into a long position that will be the 5th leg,
it could still break down so its important to get support
@bed87, just watch for any rejection of the prediction along the way and you can't get caught with your pants down, Im pretty certain this is the market for the next 50 days and will be waiting to take advantage of the 5th leg for an easy long ( set with tight tolerances ) and apex short call on leverage and try to ride what could be a 30% corrective movement