Bitcoin has had really nice bullish price action leading to all time highs. We could be in for a major correction back to the ascending trendline soon.
If we copy and paste the first impulse to the second impulse we're in now, it takes us back to ATH where we could see a significant reaction which may cause us to fall for a short period of time.
For confirmation, we are waiting for the break of the ascending red trendline to indicate to us that the bullish run has ended and that we're making a correction.
Don't jump in too soon. Wait for price to tell you what's next!
If we copy and paste the first impulse to the second impulse we're in now, it takes us back to ATH where we could see a significant reaction which may cause us to fall for a short period of time.
For confirmation, we are waiting for the break of the ascending red trendline to indicate to us that the bullish run has ended and that we're making a correction.
Don't jump in too soon. Wait for price to tell you what's next!