This fell hard and fast, looks like its waking up again, Got a nice cup and handle setup, which probably continues up . For a wave count , something like this maybe, where there price gets held up by resistance from left on the chart
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it could push a bit higher too since it would be so close to that top line if it made the 5.618 of the 1 wave top
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i mean depending how markets are on a macro level its not out of the question that it doesnt come back deep after that top but makes a new handle at that topline for a much bigger cup and handle pattern, in which case the long term outlook would be really good
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it sort of works, because if you extrapolate the possible incoming 3 x top it takes you right to the 1.618 of the macro 1 wave , so yeh could be a nice one in the longer term
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last call on this one i think, ive got good reason to think btc is gonna do something pretty spectacular to the upside, i think this is gonna pop very soon. could be way better than a 3 x
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ooooooooooo
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looking good for a break up