h31415

One More Wave Down Before Bull

Lång
BITFINEX:BTCUSD   Bitcoin
Good morning! Here is my view on the market right now:
1. We still need a wave 5 to complete the correction.
2. BTC is going to retest the 6k low and hopefully form a double bottom there.
3. Breakout the falling wedge and return to bull market.

So I'm short-term bearish and long-term bullish. Good things are happening in the near future:
1. The SEC hearing this week is super bullish.
2. Robinhood app is about to open btc market this month.
3. Transaction fees and unconfirmed transactions are gettting lower and lower. And Lightning Network is coming out this year.
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