Following the dump earlier today, I noticed the price respected the ascending channel.
A correction was expected and hopefully the price will continue to respect this channel for further upside.
But keep in mind, if history repeats itself, we may see a major dump following the halving, prior to the bull run.
Thanks for taking the time to read this idea.
If...
BTC looks very weak, low volumes and bearish div on multiple time frames.
I think BTC is currently making the wave 4 of A wave of ABC zig zag downwards and we still have another wave that can take it down to sub 7k ranges.
Next major support is at 6.5k if that breaks we could easily be testing lows of 2018
Right now currently in the making the C subwave of 4 of...
