Is it the time we've all been waiting for 2 years now?
Bitcoin is close to a new fresh ATH and a break through 20.000. So I zoomed a bit and noticed a very clean wave sequence that seems to give buying signals for levels unforeseen till now.
Technically, since the last bottoming of the price close to 19.000, a 5-wave impulse wave is making its presence very apparent. On the time of writing BTC is completing the correctional wave B before forming a last leg down and, finally, letting the bulls prevail.
Once we break through 20.000 (and hold), a new story begins for Bitcoin, and all other cryptos. Will they follow the rally? Will they plummet and then rise up? Nobody knows. Till it happens, Bitcoin will lead the way of the decentralized finance and the digital currencies.
'Hodling' seems very attractive at this point.
Technically, since the last bottoming of the price close to 19.000, a 5-wave impulse wave is making its presence very apparent. On the time of writing BTC is completing the correctional wave B before forming a last leg down and, finally, letting the bulls prevail.
Once we break through 20.000 (and hold), a new story begins for Bitcoin, and all other cryptos. Will they follow the rally? Will they plummet and then rise up? Nobody knows. Till it happens, Bitcoin will lead the way of the decentralized finance and the digital currencies.
'Hodling' seems very attractive at this point.
Comment:
RUNNING FLAT IT IS! OFF WE GO!
