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IS BITCOIN HEADED FOR A FINAL PUMP BEFORE IT DUMPS LETS SEE!!
Hello fellow traders without further ado...Bitcoin has been consolidating or better yet forming a 4TH WAVE since early march and this saw its end at the 53,588.4 Price, where it formed a reversal candle.
That was the beginning of the 5TH WAVE, it seems to be done with the first wave of this 5TH and we could expect price to retrace abit lower for a second wave right before it takes off and blows off the lid on that upper trend-line and into the sky.
After the upper trend-line is broken we could see price increase to a minimum of 83,858.1 that's on the 0.618 Fib level creating a wave 5, then dump. Even if you miss out on the buy you can still sell when it dumps. Lets keep a close eye on it and see how it plays out in the coming days.
Happy trading guys, thanks and God bless.
That was the beginning of the 5TH WAVE, it seems to be done with the first wave of this 5TH and we could expect price to retrace abit lower for a second wave right before it takes off and blows off the lid on that upper trend-line and into the sky.
After the upper trend-line is broken we could see price increase to a minimum of 83,858.1 that's on the 0.618 Fib level creating a wave 5, then dump. Even if you miss out on the buy you can still sell when it dumps. Lets keep a close eye on it and see how it plays out in the coming days.
Happy trading guys, thanks and God bless.
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