Since the ETF, it seems to have been a sell the news, followed by buying the dip event at the 100D MA.
Dips since the start of the bull run, even before the launch of the BTC ETF, have averaged ~20% followed by a continued massive bull run. Some, including myself, speculated a break of this trend of 20% dips (breaking 38k) followed by a continued sell-off into...
Dear Traders,
Wave structure consists of 5 waves marked a-b-c-d-e, structured 3-3-3-3-3. It also precedes the final movement of the trend of one larger degree. The only difference is its shape. Instead of contracting, it is expanding, which means that wave “a” is the smallest and wave “e” the biggest.
In this case we will have the last drop and then a huge long position.
so this is my idea for bitcoin, i will wait for touching one of the Prz an then break out of wedge, we have a wave(5) . ty to get rich in this wave, maybe last chance in 2022
1. Massive cup & handle on monthly chart
2. All eyes on bitcoin! no one paying attention to gold
3. Last wave of gold before bitcoin takes over in the next 30years? *Big money needs clear regulation and access to it which will happen after the next crash
4. Regulation is still developing on btc so big players hedge against inflation remains gold
5. Asia middle &...
we should see one last wave down making 5 waves, it wont look as clean as my waves but somewhere we should make out 5 of them. in a bigger time frame this would be completing a full ABC correction. i will link my chart i made back in july and have been updated with this correction. once this plays out. in a few weeks ill be updating as the bull market moves on
I'm long USDCAD. It's the last time for the pair to go touch the upper trendline. Then, it's going to go down. The USDCAD could touch the 1.20 - 1.15$ by the end of the year.
