thegio

BTC Expanding flat correction - Bull are back in town!

Long
thegio Updated   
BITFINEX:BTCUSD   Bitcoin
Dear Crypto maniacs, crypto friends, crypto moon lambo wannabe,

after a sequel of several drops and a back drop into the mud BTC is giving some signs of resurrection. (at least temporary)

Big increase of volume and strong uptrend are sign for a possible temporary reversal.

We expect 5 impulse waves up to the range of the channel (major) the a possible down drop to the bottom.
So this is not a confirmation of an uptrend reversal but at least some positive impulse coming from the bulls.

Comment:
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*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
Comment:
Booom, I missed the top by 50$ and the bottom by 50$! let see the 5th wave

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