BTCUSD is setting up for next bullish cycle for BITSTAMP:BTCUSD by Wave-Trader — TradingView

Trend Analysis Chart Patterns Wave Analysis

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Hi there,

BTCUSD is setting up for next bullish cycle. Bearish cycle is almost over and its setting up for next bullish wave which can break above the previouse high.

Watch lower time frame and start building your long positions.

Good Luck

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BTC in Log Scale.

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BTC broken out the correction. Next correction is due as breakout is not strong enough.

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#BTC broken out the correction. Next correction is due as breakout is not strong enough.

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As we were expecting BTC to hit the 50K target and then reverse from 50K to 25K. The first target in sight is 31K.

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