I wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks. We'll see what tomorrow brings us, but based on a WXY wave count as well as strong responses in PA, higher prices in the short term seem very likely to happen.
Kommentera:
Critical level here for BTC. If it fails to hold, i may flip bias and look for shorts
Kommentera:
looking for longs
Kommentera:
IF IN LONGS, START TO GET NERVOUS. PRICE MAY REVERSE HERE
