dadae

More ideas, 5.5k in mind as next bottom

BITFINEX:BTCUSD   Bitcoin
We are going to test 5.9k area sooner or later and the local price action structure will depend on that. If we dont retrace and make another push from here, 6.4k is my first target, being hard resistance (also local bottom from May). Furthest I see this going is 6.6k before a decent retracement. What you see in the chart is just a 5th wave diagonal idea dropping to 5.5k after that, which is just another possibility right now.
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