ridethepig

The 2017 highs unlocked

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Here I am tracking a break of the 161.8% extension (6,213) which will unlock the highs if taken. We are currently sitting in the third wave since the impulsive bounce in December 2018, this move is already confirmed to be impulsive in nature and taking the last soft resistance at 6,213 will unlock the previous highs from wave .

The upside is completely open if we crack through resistance here with an empty ladder it will not take much for us to see new all time highs as we approach the end of 2019 and beginning of 2020. The previous sell off which we traded live here on Tradingview (see attached: "Eyeballing a -50% move in BTC") predicted the floor would come in around the 3,300 levels and we have bounced ever since.

For those in other crypto's, we are not going to see the same flows in nature as before. The scamcoins are vulnerable and those promising lambos around the moon without offering real value are going to struggle in the years ahead (unlike before). I have been actively buying more BTC these past few weeks and will continue to do so outguessing this break. Once confirmed the 'damage' will have already been done technically for bears and we will pass the point of no return.

Best of luck all those following and/or already in positions... once again, thanks all for keeping the support coming with likes, comments and etc.

Comment: Bulls rushing the room with force, we are going to march towards the 2017 highs.

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