gregpap

BTC plunges again BUT what if this time is different...?

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COINBASE:BTCUSD   Bitcoin
As we see in the "ending diagonal scenario" the current situation fits more than perfect. We are now in the wave 2 of the new impulsive mega cycle wave up! Wave 2 have the characteristics that we are currently seeing now, violent corrections of previous move,wave 1. The only condition is reversal at current levels and then fast move up above 7500.

I know might sounds little bit crazy for now, but keep this scenario for now, until new lows happen and devalidate it...Like and comment below!

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Ex-bank prop trader,23+yrs experience trading FX and Fixed income. Semi-retired now trading for the fun. Join our YouTube youtube.com/c/Tradingmarkets
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