Is bitcoin ded or nah?

This last day was a nightmare for bitcoin, but no problem for us since we were prepared and excpecting this situation!

I believe the bottom is in for this 3rd wave because:
- 1.618 extenstion of wave 1.
- I'm seeing an ending diagonal inside the 5th wave of 3.


We need to break 8k to start a short term bull run.

Wave 4 Targets are:
8350
8550
8770

Any comments or questions are always welcome!

Kommentera:

we hit our first target, I got out of this trade at 8386 because the risk is too high in my opinion. It's possible we won't see higher numbers for wave 4. Short is entered and will add more if we go up.

Wave 5 target 7301 with stop loss at 8851

goodluck!

Kommentera:

target 1 and 2 are hit