Bitcoin moving in 5 waves down, where wave 1 is done. We are looking at competition of wave 1 and wave 2 of this wave. I will be concerned if local top will be taken again then we will have to re do analysis. Keeping stop loss near previous swing and focusing on downside helps Currently with room for a correction towards 31000 levels.
If you want higher time frame analysis then comment below or look at previous posts.
We do higher time frames analysis once a week on Sunday or Monday.
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