After the big run of BTC there are 2 possibl scenarios in EW.
1. This is the continuation of the Bullrun and we made a wave5. For this, wave 5 should have reached 30 800. IT just reached 30 650 which could still count. If it continues to 33000 and up, this is for sure the bull run. If it doesn't it should correct in a wave 2 (ABC) down to 28 500 which offers a good entry point to participate in the bull run.
2. The last impulsiv wave up could also be a correction B wave which would be followed by a big correction wave C. The targets are on the drawing. This scenario is confirmed by the cycle analysis so I have reason to tend more to this scenario at the moment.
As I alwys say, Bitcoin is perfect for a surprise :)
Trade safe folks, trade happy :)
1. This is the continuation of the Bullrun and we made a wave5. For this, wave 5 should have reached 30 800. IT just reached 30 650 which could still count. If it continues to 33000 and up, this is for sure the bull run. If it doesn't it should correct in a wave 2 (ABC) down to 28 500 which offers a good entry point to participate in the bull run.
2. The last impulsiv wave up could also be a correction B wave which would be followed by a big correction wave C. The targets are on the drawing. This scenario is confirmed by the cycle analysis so I have reason to tend more to this scenario at the moment.
As I alwys say, Bitcoin is perfect for a surprise :)
Trade safe folks, trade happy :)