COINBASE:BTCUSD   Bitcoin
With the clean breakout of BTC from its symmetrical triangle, many altcoins also followed the same movement. The impulse wave of the breakout was fast and is now probably overextended, that's why proceeding with caution in buying now. DO NOT FOMO INTO PUMPS! Wait for a retracement. A healthy retest of the Triangle may be a good entry since this could be the corrective 4th wave in Elliott Wave Theory, but expect volatility which may subject things to change. Set stop losses in cases of market manipulation or fake outs. Let us be patient and wait for proper reentries in BTC and other Altcoins.

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